Consumer confidence index drops in Aug

时间：2007-09-01 06:31:14

（单词翻译:单击）

Chinanews, Beijing, Aug 31 – The soaring housing price and rising commodity prices are lowering down people's expectations for their future life. In August, consumer confidence index has dropped to 100.7, decreasing by 1.3 points from last month and hitting the lowest point since May. It is only a bit higher than the consumer confidence index of last April, according to the Xinhua Finance eziData China Consumer Confidence Index (CCCI) released on Wednesday.

 

In August, consumer confidence for commodity prices has dropped substantially by 11.4 points to reach 71.7 points. On the other hand, the bullish performance in the stock market has somehow watered down the impacts of the price hike on the people's confidence, as it shows that the index on current life in August has reached 99.7 points, dropping slightly by 0.5 point compared with July. This is the third consecutive2 months that such index has dropped. In addition, the confidence index in family financial status is on a par1 with that of last month and consumer confidence index for durable3 goods has dropped.

 

As the stock index keeps rising, the amount of money that flows into the stock market also increases. More and more Chinese people are willing to put their money in the stock market now. Although the lessened4 interest income tax might prevent people from taking their money out of banks, many people still want to use the money which might otherwise be used in buying commodities and put it in the stock market. Affected5 by this trend, consumer confidence index in durable goods and automobiles6 both has dropped this month.

 

For people whose annual family income is over 48,000 yuan, their confidence index has dropped the most generally. The survey shows that the confidence index of people in this group has reached 105.1 points, dropping by 1.8 points. For people whose annual family income is lower than 48,000 yuan, their confidence index has dropped by 0.6 point to reach 96.1 points. For people of these two groups, their index on current life has dropped by a relatively7 same range. However, the index of people's expectations for their future life has dropped more among the low-income group than among the middle- and high-income group.

 
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1 par OK0xR     
n.标准，票面价值，平均数量；adj.票面的，平常的，标准的
参考例句：
  • Sales of nylon have been below par in recent years.近年来尼龙织品的销售额一直不及以往。
  • I don't think his ability is on a par with yours.我认为他的能力不能与你的能力相媲美。
2 consecutive DpPz0     
adj.连续的，联贯的，始终一贯的
参考例句：
  • It has rained for four consecutive days.已连续下了四天雨。
  • The policy of our Party is consecutive.我党的政策始终如一。
3 durable frox4     
adj.持久的，耐久的
参考例句：
  • This raincoat is made of very durable material.这件雨衣是用非常耐用的料子做的。
  • They frequently require more major durable purchases.他们经常需要购买耐用消费品。
4 lessened 6351a909991322c8a53dc9baa69dda6f     
减少的，减弱的
参考例句：
  • Listening to the speech through an interpreter lessened its impact somewhat. 演讲辞通过翻译的嘴说出来，多少削弱了演讲的力量。
  • The flight to suburbia lessened the number of middle-class families living within the city. 随着迁往郊外的风行，住在城内的中产家庭减少了。
5 affected TzUzg0     
adj.不自然的，假装的
参考例句：
  • She showed an affected interest in our subject.她假装对我们的课题感到兴趣。
  • His manners are affected.他的态度不自然。
6 automobiles 760a1b7b6ea4a07c12e5f64cc766962b     
n.汽车( automobile的名词复数 )
参考例句：
  • When automobiles become popular,the use of the horse and buggy passed away. 汽车普及后，就不再使用马和马车了。 来自《简明英汉词典》
  • Automobiles speed in an endless stream along the boulevard. 宽阔的林荫道上，汽车川流不息。 来自《现代汉英综合大词典》
7 relatively bkqzS3     
adv.比较...地，相对地
参考例句：
  • The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
  • The operation was relatively painless.手术相对来说不痛。

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