Taiwan consumer confidence down in July: poll
(Xinhua)
Updated: 2006-07-27 09:44 Taiwan's consumer confidence
index fell to 67.93 in July, down 0.6 points from the previous month's level,
according to a survey result released Wednesday by a Taiwan research center for
Taiwan economic development.
According to the report, which reaches here from Taipei, while four out of
the six indicators used for the survey declined in July, the "timing for
investing in the stock market in the next six months" saw the greatest rate of
decrease, losing 3.1 points from June.
Coming in second was the "domestic consumer price level in the next six
months," which decreased 1.4 points from June to a record low of 39.55 as
skyrocketing international oil prices have triggered public anxiety about
possible inflation.
The "domestic economic outlook in the next six months" hit 52.75, down 0.55
points from the previous month, while the "family financial status in the next
six months" stood at 55.30, down 0.35 points from the month-earlier level.
Meanwhile, the "timing for buying durable goods in the next six months"
gained one point from June to stand at a record high of 117.00, and the
"employment opportunities in the next six months" rose 0.8 points to 75.60.
The survey, conducted from July 18-21 on 2,615 adults around Taiwan via
telephone, has a margin of error of plus or minus 1.9 percentage points.
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