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Taiwan’s consumer confidence drops 2 months in a row

Taiwan’s consumer confidence index (CCI) has dropped for two months in a row amid growing pessimism over the island’s economy, according to the National Central University, which compiles the monthly data, on Monday. The CCI stood at 77.61 in May, the second consecutive month in which the figure has experienced a decline. The CCI is now close to the 77.58 figure reached in December last year in the lead-up to the 14 January presidential election.