MNI BRIEF: Taiwan Consumer Confidence Index Lowest Since 2009
Taiwan's Consumer Confidence Index (CCI) fell for a third consecutive month in November, falling to its lowest point since Sept 2009, according to the Research Center For Taiwan Economic Development (RCTED) on Monday.
The CCI fell to 60 points, 1.22 points down from Oct, a deceleration from the 1.37 point decline in the previous month's reading.
The RCTED said all 6 sub-indicators decreased, with confidence in purchasing durable goods over the next 6 months falling 2.3 points from last month. The RCTED said November’s index showed a “pessimistic outlook”.