Focus Taiwan
Date: 2018/02/27
By: Tsai Yi-chu and Frances Huang 

Taipei, Feb. 27 (CNA) Consumer confidence has been undermined by volatility in equity markets at home and abroad with the consumer confidence index (CCI) for February down slightly from a month earlier, National Central University said Tuesday.

The February CCI stood at 87.38 points, down 0.31 from January after the stock market sub-index fell from a month earlier, the university said.

The CCI is made up of six sub-indexes that reflect confidence in consumer prices, employment, family finances, local economic climate, the stock market and possible purchase of durable goods over the next six months.

The survey was conducted from Feb. 15-19, meaning that consumer sentiment was impacted by the plunge suffered by the local equity market, with the weighted index falling 754.48 points or 6.78 percent during the week of Feb. 5-9, after Wall Street suffered heavy losses amid fears of rising interest rates.    [FULL  STORY]