The consumer confidence index in Taiwan dropped to a 13-year low of 61.22 in October 2022 from 62.59 in the prior month, as households' sentiment weakened for most components: the timing to buy durable goods (down 4.05 points from the previous month to 104.3), the timing to invest in stock markets (down 3.2 points to 21.3), the domestic economic outlook (down 0.45 points to 78.45), the family economic outlook (down 0.45 points to 73.15), and employment opportunities (down 0.4 points to 62.9). On the other hand, expectations for prices in the next six months were higher (up 0.3 points to 27.2). source: Research Center for Taiwan Economic Development (RCTED)
Consumer Confidence in Taiwan averaged 75.24 points from 1999 until 2022, 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 November of 2022.
Consumer Confidence in Taiwan is expected to be 61.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Consumer Confidence is projected to trend around 68.00 points in 2023 and 70.00 points in 2024, according to our econometric models.