Consumers feel less confident on jobs, personal income in Q1

A key consumer confidence index dropped one point during the first quarter, reflecting a weakening outlook in China for employment and personal finances.

According to information and measurement company Nielsen NV's Chinese Consumer Confidence Index, released on Thursday, the result marked the second consecutive decline in the past year, with the index now standing at 106, down from 107 in the fourth quarter of last year and 111 in the first quarter of 2014.

The report showed that 69 percent of consumers were confident on job security, and 64 percent were confident of their personal income, both dropping three percentage points on the last quarter of 2014.