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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

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Prisca Ang

Prisca Ang

Published Wed, Feb 25, 2015 · 09:50 PM

    Singapore

    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 points in February. This was below the 2014 average of 121.1.

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