Wages buoy consumer confidence
By Hu Yuanyuan | China Daily | Updated: 2014-07-22 07:30
Nielsen index maintains high level in Q2 as inflation gauge declines
Chinese consumer confidence remained high in the second quarter, thanks to average wage increases and a reduced consumer price index, Nielsen said on Monday.
The consulting firm said the confidence index stood at 111, marking the third consecutive quarter at this level and one point higher than a year earlier.
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