Survey shows consumer confidence down at end-2016


THE Malaysian consumer confidence ended 2016 on a gloomy note as the index dipped five points from third quarter to 84 percentage points (pp) in the fourth quarter of last year, according to the latest Nielsen Global Survey of Consumer Confidence and Spending.

In the latest online survey, confidence levels in South-East Asia continue to remain high with four out of six countries in the region scoring above the 100 pp mark, Singapore and Malaysia being the exception.

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