Consumer confidence in Singapore fell in February, mainly due to Singaporeans’ reduced confidence about their personal finances over the next 12 months.
This is according to a consumer confidence index by ANZ-Roy Morgan which fell 2.1 percentage points (ppts) month on month to 120.7 in February.
The index sampled 1,000 randomly selected Singaporeans via face-to-face interviews, and also ensured that the income and gender proportions were similar to those of the national census.
(Source: The Business Times)