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Confidence in Taiwan’s economy weakened this month amid concerns over the COVID-19 pandemic after a cluster of confirmed cases related to a hospital in Taoyuan was reported, a survey released by Cathay Financial Holding Co (國泰金控) showed on Saturday.
The poll, conducted from Feb. 1 to Feb. 7, found that 38.6 percent of respondents said the local economy would improve over the next six months, while 30.3 percent said it would deteriorate.
The results translate into an economic optimism index of 8.3 this month, down from 18.8 last month, the survey showed.
The index on the economic outlook for the next