Chinanews.com, December 27. According to Taiwan's "Central News Agency", Taiwan's "Central University" Taiwan Economic Center announced on the 27th that the total index of consumer confidence index (CCI) in Taiwan in December hit a new low level in more than 13 years; Minister Wu Daren further warned that Taiwan's manufacturing boom has not yet bottomed out and the labor market continues to deteriorate. It may not be optimistic to rely on domestic demand to support the economy next year.
Taiwanese people go to the Taipei City Market to buy.
Image source: Taiwan's "Central News Agency"
According to reports, the total consumer confidence index (CCI) in Taiwan in December was 59.12 points, a month-on-month decrease of 0.88 points. Only the price level rose, and the five indicators, including the purchase of durable goods, Taiwan's economic prosperity, household economic conditions, employment opportunities, and investment opportunities in the stock market, all declined.
Wu Daren said that under the double pressure of inflationary pressure and the continuous tightening of major central banks around the world, Taiwan's economy is undergoing a sharp turnaround. It is hoped that next year it will be able to rely on domestic demand to support the economy and resist the decline in exports, "but the difficulty is very high."
Wu Daren pointed out that the survey of "family economic conditions in the next six months" was 70.9 points, a monthly decrease of 0.55 points, and was the lowest since May 2010. There are about 2 million households with mortgages. Under the high housing prices, the loan burden will increase significantly.
In addition, "employment opportunities in the next six months" fell to 61.1 points, hitting a new low in nearly 13 years.
Wu Daren said bluntly that the export-related manufacturing industry is facing internal and external troubles. In addition to the decrease in orders received and the decline in revenue, interest rate hikes have increased corporate borrowing costs. Taipower has also raised electricity prices for corporate users. , You may see more manufacturers taking unpaid leave and layoffs.