April Sentiment Steadies, but Energy and Property Drag Weigh on Households: China Consumer Survey Insights

April Sentiment Steadies, but Energy and Property Drag Weigh on Households: China Consumer Survey Insights

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Primary Analyst:
Keerthan Shetty, Data Analyst
Contributors
Primary Analyst:
Keerthan Shetty, Data Analyst
Sector Lead: Philip Moore, Head of Custom Research
Deep Dive

Reasons to Read

The Coresight Research monthly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this research report, we present findings from our latest weekly surveys, with the most recent undertaken on April 27, 2026. We spotlight developments in consumer sentiment on the economic and financial outlooks.

Read this report to discover answers to these key questions:

  • Why did China’s consumer sentiment follow a “spike then fade” pattern in April 2026?
  • How are elevated oil prices and geopolitical tensions affecting household finances and retail demand?
  • Which consumer categories and activities are proving most resilient amid rising cost pressures?
  • What do weekly and rolling-average sentiment indicators reveal about China’s economic outlook?
  • How should retailers position pricing, promotions and category strategies ahead of May shopping events?

Data in this research report includes:

  • Consumers’ expectations for economic conditions and personal finances over the next 12 months, showing how optimism has evolved.
  • Changes in personal financial situations compared to 12 months ago, shedding light on shifts in consumer wealth perceptions.
  • Consumer activities over the past two weeks, highlighting engagement levels and emerging trends.
  • Purchasing behaviors, with insights into what consumers are buying in-store and online during the survey period.

Other relevant research:

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