CCI increase shows country’s economy better

Vietnamese Consumer Confidence Index (CCI) increased to 143.1 in June, reaching the highest level announced ANZ Bank in the latest report issued yesterday.

According to ANZ bank experts, Vietnam’s CCI remains well above its long-term average of 135.7 and remains well above its 2014 average of 131.

ANZ said that consumers’ psychology lifted as they trust in the country’s economy in next 12 months and five upcoming years plus their confidence in personal financial condition in next 12 months.

A survey conducted by the bank shows that  61 percent of survey participant have expected their family’s finance better in the coming months and only five percent of people worried about their family’s finance.

The bank’s Chief Economist in South Asia, ASEAN and Pacific said that CCI reflected the recovery of Vietnam’s economy, adding that he believed in the country’s economic growth in the future.

By Ham Yen - Translated by Uyen Phuong

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