Study sees consumer confidence faltering

Nielsen NV's Consumer Confidence Index declined four percentage points in the fourth quarter of 2014 amid a weakening outlook for employment and personal finances in smaller cities, the marketing and research firm said on Tuesday.

The index stood at 107 in the fourth quarter, down from 111 in the previous three-month period. It was the first decline in four quarters.

But the big picture in China has not changed, Nielsen said.