Consumer confidence highest in a year - News Summed Up

Consumer confidence highest in a year


Consumer confidence highest in a yearHOPEFUL: People were more assured about household income, while interest in real-estate remained healthy, a survey by the National Central University foundBy Crystal Hsu / Staff reporterThe consumer confidence index this month gained 1.88 points to 76.52, its highest since March last year, as the economic situation improved at home and abroad, fueling inflation risks and concern over potential capital flight from equity markets, a National Central University survey released yesterday showed. The consumer confidence index this month gained 1.88 points to 76.52, its highest since March last year, as the economic situation improved at home and abroad, a National Central University survey released yesterday showed. Photo: Tang Tsai-hsin, Taipei TimesOf the consumer confidence index’s sub-indices, the gauge on stock investment rose the most. The sub-index on purchases of durable goods dropped 1.05 points to 111.6, as interest in real-estate properties remains healthy, the survey said. Confidence scores of higher than 100 suggest optimism and values lower than the threshold indicate pessimism.


Source: Taipei Times March 29, 2021 15:56 UTC



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