Consumer confidence improves in July

Focus Taiwan
Date: 2019/07/29
By: Pan Tzu-yu and Ko Lin

Taipei, July 29 (CNA) Consumer confidence in Taiwan improved in July at a time when domestic investment and consumption showed signs of increasing, according to the results of the latest National Central University (NCU) survey released Monday.

The Consumer Confidence Index (CCI) rose 1.68 points in July from a month earlier to 81.48, found the survey, conducted by NCU's Research Center for Taiwan Economic Development.

The CCI consists of six factors that reflect public confidence in employment, family finances, consumer prices, the local economic climate, the stock market and the likelihood of purchasing durable goods over the next six months.

In particular, the economic climate index trended 0.45 points higher to 86.9 in July, the highest since May 2015, the survey showed.    [FULL  STORY]

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