A survey conducted by the private Macau University of Science and Technology (MUST) found that Macau’s consumer confidence dropped slightly in the fourth quarter last year, with buying a flat recording a score of 54.89 (out of 200), down from 59.27 in the previous quarter.
The results of the survey on Macau’s Consumer Confidence Index (CCI) for the fourth quarter last year compared to all previous results were presented in a press conference yesterday, hosted by Associate Professor Liu Chengkun of the university’s Institute for Sustainable Development (ISD), and project co-ordinator Chu Sam Iong, on the MUST campus in Taipa.
The index values range from 0 (absolutely no confidence) to 200 (complete confidence), with a benchmark of 100 meaning “neutral”. A value below the benchmark indicates “little confidence”, while a value above 100 means “having confidence”.
Macau’s Consumer Confidence Index (CCI) survey project co-ordinator Chu Sam Iong (right) and Associate Professor Liu Chengkun of the Institute for Sustainable Development (ISD) of the private Macau University of Science and Technology (MUST) co-host yesterday’s press conference about the latest CCI results, on the MUST campus in Taipa. Photo: MPDG
