News dalla rete ITA

26 Ottobre 2020

Taiwan

FAITH IN LOCAL ECONOMY GROWS FURTHER IN OCTOBER

Taipei, Oct. 24 (CNA) Confidence in Taiwan's economic climate improved further in October from a month earlier after recent economic data pointed to a positive trend, according to Cathay Financial Holding Co.Citing a survey conducted during Oct. 1-7, Cathay Financial said 39 percent of the respondents thought the local economy would improve over the next six months, while 29.6 percent said they expected the economy would deteriorate.The figures translate into an economic optimism index over the next six months of 9.4 in October, up from 3.1 in September after the National Development Council said in its latest report that the local economy in August was in a stable condition, improving from sluggishness mode, Cathay Financial said.In addition, the optimism toward the current economic conditions for October also rose to 12.3 from 5.6 in September, the poll showed.Amid the improving sentiment toward the economy, the survey found that the index gauging the expectations of a wage hike over the next six months moved higher to minus 2.4 in October, up from minus 3.3 seen in September, Cathay financial said. (ICE TAIPEI)


Fonte notizia: https://focustaiwan.tw/business/202010240006