Taiwan consumer confidence hits new high

Want China Times
Date: 2015-03-28
By: CNA

Taiwan’s consumer confidence index (CCI) rose to its highest level ever in February as the

People shop at a SOGO department store in Taipei, March 24. (File photo/Wang Ying-hao)

People shop at a SOGO department store in Taipei, March 24. (File photo/Wang Ying-hao)

country’s economic climate continued to show signs of improvement.

National Central University, which conducts the monthly consumer confidence survey, said the CCI rose 1.69 points from a month earlier to 91.13, the highest the index has ever been since the university started the survey in January 2004.

Among the CCI’s six sub-indexes in the CCI, which reflect how consumers feel about aspects of Taiwan’s economy over the coming six months, five trended higher in February while one sub-index registered a month-on-month fall, the survey found.

The university said the stock investment sub-index showed the highest month-on-month gain of 7.50 points from a month earlier as it improved to 104.80, followed by a 2.05-point gain in the business climate sub-index to 87.65.     [FULL  STORY]

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