Consumer Confidence Index

Talking points

Likud slips as Israelis head to polls

Verdict in whistling assault case

Tuesday, 22 January, 2013, 4:49am

Business Digest, November 28, 2012

UAE mulls full foreign ownership of firms. Photo: Xinhua

HKMA sells HK$3.1b to weaken HK dollar

The Hong Kong Monetary Authority sold HK$3.1 billion in the currency markets to weaken the local dollar, preventing it from strengthening past its trading peg with the US dollar, after the US dollar hit HK$7.75, the lower end of the trading band between the local unit and the greenback.

 

28 Nov 2012 - 2:34am

Like there's no tomorrow

The Italians are really very annoying; they are supposed to be in dire economic straits, yet there they are eating and drinking with impressive gusto and seem to be enjoying themselves when they should be looking glum.

Last month, Italy's statistical bureau, Istat, confirmed that Italians were behaving in ways that their northern neighbours simply do not expect.

5 Dec 2011 - 12:00am

Confidence falls as inflation accelerates

High inflation is worrying consumers on the mainland, Hong Kong and Macau, with confidence on prices plunging to a two-year low in the final three months of last year.

A study by six universities shows the consumer confidence index fell to 63.9 on the mainland, 49.7 in Hong Kong and 51.2 in Macau in the quarter. The index peak is 200.

15 Jan 2011 - 12:00am

Hong Kong consumers wary of property risk

Hong Kong consumers' confidence in property has plummeted for the third consecutive quarter to a record low since a City University survey began last year.

The poll sampled the opinions of more than 1,000 people late last month and the conclusion was they are not that optimistic about buying flats.

19 Jan 2010 - 12:00am

Consumers' satisfaction on the decline

Consumers are apparently less happy with how they are spending their money, with customer satisfaction dropping for the first time last year after increases over five years.

Respondents to a poll gauging consumer sentiment said they were unhappy about high rents for private housing.

1 Apr 2009 - 12:00am

City's gloom deepens

The recent global economic turmoil has pushed consumer sentiment and expectations for the economy to new lows, according to a telephone poll of 928 people carried out by the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB).

7 Oct 2008 - 12:00am

Hongkongers' gloom on the economy deepens

The recent global economic turmoil has pushed consumer sentiment and expectations for the economy to new lows, according to a telephone poll of 928 people carried out by the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB).

7 Oct 2008 - 12:00am

Rising domestic demand drives HK into heavy traffic

If you find yourself cursing at increasingly blocked traffic these days tell yourself that it's the price of wealth. The latest release of economic figures shows that the two are more directly linked than ever before.

29 Feb 2008 - 12:00am

HK consumers still optimistic

Global consumer confidence has dropped but Hong Kong consumers remain highly optimistic about their job prospects, personal finance and consumption.

The latest Nielsen global consumer confidence report shows the city's consumer confidence was 5th among 48 world markets.

13 Dec 2007 - 12:00am

Confidence of mainland financial chiefs falls to record low

Business confidence among mainland bankers and entrepreneurs dropped to a record low in the second quarter, signalling declining optimism about the country's economic growth, according to a survey by the People's Bank of China.

21 Jun 2007 - 12:00am

Consumer optimism on the rise

HK's confidence index ranks ninth of 40 countries and regions, but retailers say they have yet to benefit

Robust economic growth and a drop in the jobless rate have made Hongkongers among the most optimistic consumers in the world, and they are willing to spend accordingly, an online survey has found.

30 Aug 2006 - 12:00am

In Brief

PARTY APPEALS TO UN OVER BIAS AGAINST WOMEN

8 Aug 2006 - 12:00am

Tightening measures eat into business confidence

Almost all sectors fear a slowdown in the second half

Macroeconomic tightening measures implemented by the central government appear to have dented the confidence of Chinese entrepreneurs, a National Bureau of Statistics survey shows.

7 Jul 2006 - 12:00am

Buoyant consumer confidence should signal it's time to sell market

It's in the price if it's in the press.

Jake's Golden Rule of investment

AND IT CERTAINLY was in the press again last week. MasterCard International likes to trumpet the results of its semi-annual survey on consumer confidence and we in Hong Kong came up second best in Asia in the second quarter of this year.

19 Jul 2005 - 12:00am

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