Taiwan Consumer Confidence Improves Slightly in April

MT Newswires Live
04/27

Taiwan's consumer confidence index (CCI) edged up to 62.47 in April, rising 0.17 points from March, the Central Taiwan Economic Development Research Center at National Central University reported on Friday.

The uptick was driven by improvements in four sub-indicators, with sentiment on employment opportunities posting the largest monthly gain.

Confidence in the domestic economic outlook and household finances also increased, while stock investment sentiment saw a modest rise. However, views on purchasing durable goods recorded the sharpest decline, alongside a slight drop in price-level expectations.

All six core sub-indicators remained below 100, indicating overall pessimism among consumers, the report said.

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