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2 clusters · 17 sources · 2 days · First seen · Last updated

Taiwan consumer confidence decline

Overview

Taiwan’s Consumer Confidence Index (CCI) fell to 66.27 points in October, a decrease of 2.5 points from the previous month. Confidence regarding the timing for purchasing durable goods reached its lowest level since October 2009, dropping to 82.97 points. This decline is attributed to factors such as high oil prices and a cooling real estate market.

While the indicator for the timing of purchasing property fell by 8.2 points to 90.64, the Taiwan Institute of Economic Research (TIER) maintains an optimistic outlook for the construction industry. TIER notes that demand for factories and office spaces is being driven by public infrastructure projects, urban renewal, and the expansion of the AI industry, despite challenges from high material costs.

Entities

National Central University · Statistics Estonia · Fergus McCormick · The Conference Board · Joe Biden

Timeline

  1. [BUSINESS] 3 sources
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    Estonian business confidence in trade, services, and industry rose slightly in October, while consumer sentiment dropped significantly due to concerns over household and national economic conditions.

  2. [BUSINESS] 14 sources
    US consumer confidence rises in October as gas prices decline

    US consumer confidence jumped to 91.7 in October, driven by easing gasoline prices, though long-term concerns regarding inflation and high living costs persist.

Sources

actionforex.com · aripaev.ee · cashcow.nl · cfodive.com · durangoherald.com · epochtimes.com · insider.gr · kesknadal.ee · keysnews.com · krmg.com · lounaeestlane.ee · newmoney.gr · newsday.com · novini247.com · pymnts.com · themercury.com · vanguardia.com.mx