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Consumer confidence levels lowest for three years

十二月消費者信心 再創三年新低

Give yourself 15mins, today! 輕輕鬆鬆每天15分鐘練英文

On Dec. 27, the National Central University announced that the Consumer Confidence Index (CCI) for December 2016 stood at 77.22 points, the lowest it has been since October 2013, falling 0.49 percent since the previous month.


Confidence in the outlook of stock investments and domestic economic outlook were the only two of the six sub-indices to increase, with four sub-indices falling, including price levels for goods, household income, durable goods and the labor market.


In terms of absolute levels, the only one of the six sub-indices to indicate optimism was that for confidence in the labor market, with consumers turning pessimistic in the remaining five sub-indices.


The December 2016 CCI survey was conducted between Dec. 19 and 21, 2016, with a sample group of 2,415 respondents above 20 years old in Taiwan, and had a margin of error of plus or minus 2.0 percent at a 95 percent level of confidence.


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