Consumer confidence in Taiwan fell to 78.51 in March 2020, the lowest since June 2017, from 83.93 in a month earlier, amid mounting fears over a coronavirus pandemic. Households' assessment weakened for all components, including the timing of investment in stocks market (down 11.8 points from the prior months to 53.7), the intention for buying durable goods (down 6.6 points to 104.45), domestic prices level in the next six months (down 4.5 points to 46.75), the family economic outlook (down 4.3 points to 91.95), the domestic economic outlook (down 3.9 points to 88.95), and employment opportunities(down 1.4 points to 85.25).
Consumer Confidence in Taiwan averaged 75.80 points from 1999 until 2020, reaching an all time high of 97.52 points in January of 2000 and a record low of 48.42 points in February of 2009. This page provides - Taiwan Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.
Consumer Confidence in Taiwan is expected to be 77.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Taiwan to stand at 76.00 in 12 months time. In the long-term, the Taiwan Consumer Confidence is projected to trend around 85.00 points in 2021 and 86.00 points in 2022, according to our econometric models.