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Confidence in Asia-Pacific is still high despite recent declines

Staff writer |
Consumer confidence in Asia-Pacific increased in only three of 14 markets measured in the fourth quarter, but nine of 14 countries remain at or above the 100-optimism baseline.

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China's index fell four points to 107 in the fourth quarter, which comes after four consecutive quarters at 111, according to a new study by Nielsen, a global provider of information and insights into what consumers watch and buy.

Malaysia reported the most dramatic consumer confidence decline in the region, falling 10 points to 89—the lowest score since 2009. Confidence also declined five points in Indonesia (120) and four points each in Australia (93), Japan (73) and South Korea (48).

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