ANZ launches new measure of confidence
Results of surveys on consumption patterns will be out much earlier than official data
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COMPLAINTS that Singapore lacks timely data on consumption patterns should now be quelled (or at least mollified), as a new private-sector measure of consumer confidence has been launched to plug the gap.
ANZ, through a partnership with an Australian market research firm, on Wednesday launched the ANZ-Roy Morgan Singapore Consumer Confidence Index, which aims to provide a gauge of sentiment in the economy.
