China Consumer Credit - Forecast

Consumer Credit in China is expected to be 355356.84 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in China to stand at 399072.88 in 12 months time. In the long-term, the China Consumer Credit is projected to trend around 495266.15 CNY HML in 2020, according to our econometric models.


Forecast Data Chart
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China Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 120 118 117 116 115 105
Retail Sales MoM 0.65 0.5 0.5 0.7 0.4 0.5
Retail Sales YoY 9 8.5 8.4 8.5 8.1 8
Consumer Spending 317510 303127 338465 338148 338148 380656
Disposable Personal Income 36396 38270 39103 39709 40315 45968
Personal Savings 0.35 0.3 0.35 0.3 0.3 1.1
Bank Lending Rate 4.35 4.35 4.35 4.5 4.5 5.5
Consumer Credit 350646 355357 370644 385226 399073 495266
Gasoline Prices 0.89 0.91 0.86 0.81 0.76 0.6
Households Debt To Gdp 48.4 49.3 49.6 50 51 55
Consumer Confidence Current Conditions 108 108 108 108 108 108
Consumer Confidence Economic Expectations 116 109 109 109 109 109