Thursday, 29 January 2015

Consumer confidence index reaches record high

TAIPEI, Taiwan -- Thanks to falling oil prices and stable price levels in general, the local consumer confidence index (CCI) rose to all-time high of 88.23 points in January, according to a study conducted by the National Central University.
The sub index, which measures economic outlook over the next six months, went up across the board. The stock investment index rose 4.4 points, the highest among the sub index, to 92.3.
In a press conference held by the National Central University's Research Center for Taiwan Economic Development, Taiwan Research Institute researcher Day Jaw-yang (戴肇洋) explained the reasons for being optimistic over Taiwan's stock market performance.

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