Consumer confidence in Taiwan increased to 71.60 in September 2020 from 71.33 a month earlier, amid the loosening lockdown measures to contain the COVID-19 crisis. This was the strongest reading since April, as two out of six of indicators improved: the timing for buying durable goods (up 10.95 points to 119.85 in September), domestic prices in the next six months (up 0.15 points to 39). Meantime, households' assessment deteriorated for: the family economic outlook (down 0.3 points to 83.80), the domestic economic outlook (down 1.85 points to 83), employment opportunities (down 2.65 points to 68.65), and the timing to invest in stock markets (down 4.70 points to 35.30)
Consumer Confidence in Taiwan averaged 75.65 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 October of 2020.
Consumer Confidence in Taiwan is expected to be 73.00 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 83.00 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.