US EditionConsumer Confidence at Lowest Level in 3 Years
3 Articles
3 Articles
Consumer confidence hits 3-year low in March
Taipei, March 27 (CNA) Taiwan's consumer confidence index (CCI) fell sharply in March to the lowest level in more than three years, as concerns over inflation amid Middle East tensions weighed on sentiment, according to a monthly survey released Friday by National Central University (NCU).
The Taiwan Economic Development Research Center at National Central University announced on the 27th that the Consumer Confidence Index (CCI) for March was 62.3 points, a decrease of 4.28 points from the previous month, hitting a new low in three years and two months. Scholars analyzed that the escalating conflict in the Middle East has increased concerns about energy and inflation, which is the main reason for the depressed public confidence, a…
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