Consumer confidence weakens as employment sentiment drops

Focus Taiwan
Date: 2018/04/27
By: Tsai Yi-chu and Ko Lin

Taipei, April 27 (CNA) Taiwan’s consumer confidence weakened in April, with sentiment toward the employment sector displaying the sharpest decline, according to the results of a survey released Friday by National Central University (NCU).

The consumer confidence index (CCI) fell 0.97 points from a month earlier to 86.89, the survey results show.

The CCI comprises six sub-indexes that reflect the confidence people have in consumer prices, employment, family finances, the economic climate, the stock market and possible purchases of durable goods over the next six months.

The sub-indexes all suffered declines, with the employment index showing the steepest drop of 1.35 points from a month earlier to 105.80 in April, according to the survey.
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