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Easing fears over economy lifts Singapore consumer confidence

byCT Report
21/12/2017
in Uncategorized
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SINGAPORE: Singapore’s consumer confidence has gone up to 94 points, up five points from last quarter in Nielsen’s latest global consumer confidence survey.

This was a result of easing fears over the state of Singapore’s economy as well as expansion in the manufacturing and service sectors.

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The survey, which was released on Thursday (Dec 21), found that worries over the economy fell in the third quarter of 2017 to 42 per cent, from 51 per cent in the second quarter. Worries over job prospects also eased.

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