ANZ-Roy Morgan Vietnam Consumer Confidence has dropped to 135.4 points in January, 0.2 below last month’s figure.
The index is calculated on the basis of five sub-indices, includingthe financial context compared to a year ago, predicted financialcontext next year, expected economic conditions next year, expectedeconomic conditions over the next five years, and the best time to buymajor household items.
In terms of personalfinances, 33 percent (a 1 percent drop) of Vietnamese consumers saidtheir families are “better off” financially than a year ago compared to21 percent (also a 1 percent drop) who said their families are “worseoff” financially.
Glenn Maguire, ANZ ChiefEconomist for South Asia, ASEAN & Pacific said after a year ofuncertainty, Vietnamese consumers have commenced 2015 with slightlyhigher confidence in the average index of 2014, despite plummeting crudeoil prices.-VNA
The index is calculated on the basis of five sub-indices, includingthe financial context compared to a year ago, predicted financialcontext next year, expected economic conditions next year, expectedeconomic conditions over the next five years, and the best time to buymajor household items.
In terms of personalfinances, 33 percent (a 1 percent drop) of Vietnamese consumers saidtheir families are “better off” financially than a year ago compared to21 percent (also a 1 percent drop) who said their families are “worseoff” financially.
Glenn Maguire, ANZ ChiefEconomist for South Asia, ASEAN & Pacific said after a year ofuncertainty, Vietnamese consumers have commenced 2015 with slightlyhigher confidence in the average index of 2014, despite plummeting crudeoil prices.-VNA
