More Singaporeans downbeat about personal finances as Year of the Goat rolls in

Less than a third of households are positive about their outlook.

More Singaporeans are pessimistic about the state of their personal finances in February, the ANZ-Roy Morgan Consumer Confidence Index revealed today.

The ANZ-Roy Morgan Singapore Consumer Confidence has fallen by 2.1 points to 120.7 in February, due mainly to less confidence about personal finances over the next 12 months.

In terms of personal finances, the number of respondents who said that their families are ‘better off’ financially than a year ago dropped by two percentage points to 27%, while 11% of respondents said their families are ‘better off’ financially, up 1 percentage point.

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