Consumer confidence of Taiwan falls in September


CNA

TAIPEI–Taiwan’s consumer confidence continued to weaken in September, dropping for five consecutive months, according to a survey released Tuesday by National Central University.

The survey indicated that the consumer confidence index (CCI) for September dropped 0.83 points from a month earlier to 85.32, falling for five months in a row, according to the university’s Research Center for Taiwan Economic Development.

The sub index for consumer prices rose 0.5 points from a month earlier to 59.20, while the sub-index for the timing of equity market investment remained the same at 73.20.

The other four sub-indices all fell in September, with the local job market registering a 2.55 point drop to 113.20, and family finances sliding 1.2 points to 87.20.

The sub-index for the timing of durable goods purchases decreased 1.2 points to 102.45, and the local business climate sub-index dropped 0.55 points to 76.65.