Consumer satisfaction drops 6 per cent

Consumer satisfaction drops 6 per centHong Kong  - Consumer satisfaction in Hong Kong has dropped to a six-year low based on a survey of 68 goods and services, a Media report said Wednesday.

The report by City University of Hong Kong showed satisfaction among consumers had fallen to 69.1 per cent, and analysts said that could hit consumer spending in the coming months, the South China Morning Post said.

The survey, which is used as a performance indicator for Hong Kong business and involved more than 10,000 interviews, showed 64.3 per cent of people were least satisfied with private housing rentals.

City university associate professor Geoffrey Tso said: "Consumer satisfaction with private house rentals witnessed the biggest drop, which was probably due to the fact that rent did not decrease very much" despite the slump in the property market. (dpa)

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