Taiwan Consumer Sentiment Drops from Four-Month High

Taiwan’s consumer confidence index fell to 64.58 in July 2026 from June’s four-month high of 65.05, reflecting broadly weaker sentiment. Confidence declined across all six core sub-indicators, including domestic economic conditions (80.53 vs 80.87 in June), household finances (77.42 vs 77.70), stock investment prospects (28.08 vs 29.90), durable goods purchases (93.43 vs 93.55), and labor market expectations (72.19 vs 72.46). Meanwhile, future price expectations remained subdued (35.82 vs 35.83). Other indicators also softened, including the gauge for the timing of real estate purchases (90.13 vs 90.35), current health conditions (86.70 vs 86.82), and expected future health conditions (81.77 vs 81.86).

Taiwan’s consumer confidence index rose to 65.05 in June 2026 from 62.08 in the previous month, recovering from its lowest level in more than three years as sentiment improved across all six core components. The strongest gain was recorded in stock investment prospects, which climbed to 29.9 from 22.06 in May, followed by future price levels (35.83 vs 32.77), durable goods purchases (93.55 vs 91.68), labor market expectations (72.46 vs 70.7), household finances (77.7 vs 76.02), while expectations for domestic economic conditions edged up to 80.87 from 79.26, marking the smallest increase among the main indicators. Additionally, confidence in real estate purchases (90.35 vs 88.51), assessments of current health conditions (86.82 vs 84.92), and expected health conditions (81.86 vs 80.01) strengthened. Despite the broad-based improvement, all six main sub-indicators remained below the 100-point threshold, indicating that consumers continued to hold a generally cautious outlook.

Taiwan’s consumer confidence index slipped to 62.08 in May 2026 from 62.47 in April, marking its lowest level since January 2023 as external uncertainties continued to weigh on outlook, particularly escalating risks linked to the Middle East conflict. The decline was driven by weaker sentiment across five of the six core components, with the sharpest drop seen in stock investment prospects (22.06 vs 23.09 in April). Views on household finances (75.72 vs 76.39), domestic economic conditions (78.29 vs 79.67), labor market expectations (70.67 vs 71.0), and willingness to purchase durable goods (91.68 vs 92.33) also deteriorated. Meanwhile, perceptions of future price levels improved slightly (32.77 vs 32.32), marking the only gain among the main sub-indicators. Elsewhere, sentiment toward real estate purchases weakened further (88.51 vs 89.23), while assessments of current health conditions (84.92 vs 83.16) and expected health conditions (80.01 vs 78.01) improved.