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Singapore consumer confidence down 2.1% in February

Less than a third of households believe they are better off financially now: survey

Mr Maguire cited the "overhang of supply-side restructuring" as a possible reason for low consumer confidence levels


DESPITE welcoming the year of the sure-footed goat, consumers in Singapore are cautious about brandishing their wallets this month.

The ANZ-Roy Morgan Singapore Consumer Confidence - which aims to provide a gauge of sentiment in the economy - fell by 2.1 per cent to 120.7