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The consumer confidence index this month weakened 0.31 points to 73.02, as people expressed concern that rising consumer prices might eat away at household income, a survey released yesterday by National Central University found. Consumer sentiment retreated, despite research bodies at home and abroad revising upward their forecasts for GDP growth in Taiwan, and a rise in the minimum wage, among other planned salary increases. The household income gauge fell 2.6 points to 79.35, the lowest in 19 months, while the reading on consumer prices tumbled to 34.14, the lowest in more than 12 years, the survey said. The findings reflect public concern ....
The government’s business climate monitor last month remained “red” for the ninth month in a row, indicating a flourishing economy buoyed by strong outbound shipments and recovering private consumption as the effects of a COVID-19 alert faded, the National Development Council (NDC) said yesterday. The overall score rose 1 point to 39 as Taiwan’s tech firms benefited from demand for chips used in 5G telecommunication, high-performance computing and new technology applications, the council said. Companies rebuilt inventory in non-technology sectors as countries reopened, it said. The ongoing boom is the longest since the launch of the climate gauge 38 years ago, NDC Research ....
Taipei, Oct. 27 (CNA) Taiwan's business climate indicator continued to flash "red" in September, reflecting an overheating economy for eight months in a row, driven by rising consumption amid a post-COVID-19 economic recovery, the National Development Council (NDC) reported on Wednesday. ....
The government’s business climate monitor last month stayed “red” for the eighth consecutive month, as exports remained strong and service-focused sectors increasingly emerged from the pinch of a local COVID-19 outbreak, the National Development Council (NDC) said yesterday. The gauge slid 1 point to 38 last month, and is likely to stay “red” this month, reflecting a continuing economic boom, NDC Research Director Wu Ming-huei (吳明蕙) said. Outbound shipments thrived, while wholesale, retail and restaurant revenues picked up after local COVID-19 infections dwindled, she said. “The landscape looks fair this quarter, as demand for semiconductors and 5G technologies remains solid, while the government-backed ....
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