Consumer confidence rebounds, ending 3-month falling streak

Focus Taiwan
Date: 2019/01/28
By: Pan Tzi-yu and Ko Lin 

Taipei, Jan. 28 (CNA) Taiwan’s consumer confidence index (CCI) ended a three-month falling streak in January, with confidence in the stock market increasing the most, according to the results of a survey released Monday by National Central University (NCU).

The CCI for January rose 3.89 points to hit 83.63 — the first growth since September — the results of the survey made public by NCU’s Research Center for Taiwan Economic Development (RCTED) show.

Apart from confidence in consumer prices, the CCI comprises five sub-indexes that reflect the public’s confidence in employment, family finances, the local economic climate, the stock market and the possibility of purchases of durable goods over the next six months.

Based on the survey results, the stock market showed the highest increase, growing 19.30 points from the previous month to reach 93.80 in January.    [FULL  STORY]

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