Taiwan Confidence Falls as Durable-Goods Gauge Hits Lowest Level in More Than 17 Years

Taiwan’s Consumer Confidence Index fell in October as the measure of willingness to buy durable goods over the coming six months reached its lowest level in more than 17 years. The overall index stood at 66.27, down 2.5 points from September. Three of its six components rose: expectations for job opportunities, prices and stock-investment conditions. Measures of household finances, the domestic economy and durable-goods purchases declined. The durable-goods measure fell 10.81 points to 82.97. The job-opportunities gauge rose one point to 77.7.

Source: TokenPost