Consumer confidence shed 2.4 points to 74.88 this month, as a spike in COVID-19 infections hit all six indices, which could further weaken next month, a National Central University survey released yesterday found.
Stock investments reported the biggest fall, with the index tumbling 10.9 points to 46, as the TAIEX plummeted 2,500 points in a week early this month following the latest outbreak and concern that major central banks might tighten monetary policy ahead of schedule to tackle rising inflation, said Dachrahn Wu (吳大任), director of the university’s Research Center for Taiwan Economic Development, which conducted the survey.
Liquidity-driven rallies across