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Agricultural Development Bank of China
Economy

BOCOM China fortune climate index drops slightly in Jan., family investment cautious

February 22, 2019


Abstract : China’s fortune climate index was 138 points for this January, two percentage points lower than previous period, according to the latest Bank of Communications (BOCOM) China fortune climate index report.

BEIJING, Feb. 22 (Xinhua) -- China’s fortune climate index was 138 points for this January, two percentage points lower than previous period, according to the latest Bank of Communications (BOCOM) China fortune climate index report released by the finance research arm under the BOCOM on Thursday.

Specifically, economic climate index dropped two percentage points, income growth index dropped one percentage points and investment willingness index dropped two percentage points from previous period, reported Shanghai Securities News.

Investment income index rose slightly by one percentage point affected by the rise of commodity futures index and the industrial product futures index over international oil price boost. However, the investment sentiment of China’s well-off households was not optimistic, mirrorred by a drop of expected investment income index of two percentage points. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: BOCOM index fortune climate

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