Consumer confidence in Taiwan dips for 4th month

The Consumer Confidence Index compiled by the Research Center for Taiwan Economic Development at the National Central University fell 1.06 points from November to 71.06.

The reading was also the lowest since the index hit 65.98 in January 2010. It rose to 73.16 in February 2010 and had remained above that level until October 2012.

Among the six sub-indices, only confidence in the stock market rose marginally by 0.7 points to 46.2.

All other economic indicators such as confidence in the job market, domestic economy, domestic consumer prices, household finances and durable goods purchases, lost ground.

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