Consumer confidence at 6-month high but sentiment over economy worsens

Singapore

MORE consumers in Singapore are optimistic about their families' finances, even as fewer are confident about the outlook for the economy.

Consumer confidence is at its highest level since July last year, with the ANZ-Roy Morgan Singapore Consumer Confidence rising one per cent to 122.8 points in January, said the Australian bank. This is above the 2014 average of 121.1 points.

In personal finances, 29 per cent of respondents - a two-percentage point increase from December - said that their families are "better off" financially…