ANZ launches new measure of confidence

Results of surveys on consumption patterns will be out much earlier than official data

Published Fri, Sep 5, 2014 · 10:00 PM

Singapore

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.