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Consumer confidence levels rose slightly in Hong Kong in the first quarter of 2009, placing it behind Beijing but above Macau and Taiwan, according to a survey conducted by CityU.
City University of Hong Kong researchers who compile the Hong Kong Consumer Satisfaction Index (HKCSI) reported the overall satisfaction level of local consumers dropped to a record low last year. They also identified a correlation between unemployment and the satisfaction index-the higher the unemployment, the lower the index. The HKCSI 2002 was released on 11 February.