Chinese consumer spending using bankcards dropped slightly in August, illustrating stable consumer confidence, according to the Bankcard Consumer Confidence Index (BCCI) released on September 9.

The BCCI, compiled by the Xinhua News Agency and China UnionPay, a national bank card association, dropped 0.03 points to 86.73 in August from July.

The index was up 0.52 points on a year-on-year basis, according to the BCCI report.

The value of transactions recorded at supermarkets took a higher share of consumption in August, about 0.2 percentage points up from July.

Consumers reduced spending in areas including air travel, tourism agencies and tourist sites as summer holidays ended in August, said the report.

With the rising price of gold and jewelry, the value of related transactions recorded dropped 0.02 percentage points in August from July.