The Malaysian consumer confidence index for Q3 2015 slipped to a 10-year low of 78 percentage points (pp), compared to 89 pp in the previous quarter, according to the latest Nielsen Global Survey of Consumer Confidence and Spending Intentions.
In comparison, confidence levels in Southeast Asia remained relatively high with five out of six countries in the region scoring above the 100 pp mark, except for Malaysia.
The Philippines (117 pp, -5 from last quarter), Indonesia (116 pp, -4), Thailand (111 pp, unchanged from previous quarter) and Vietnam (105 pp, +1) are among the top 10 most confident countries globally while Singapore scored 101 pp (+2), said Nielsen.
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In comparison, confidence levels in Southeast Asia remained relatively high with five out of six countries in the region scoring above the 100 pp mark, except for Malaysia.
The Philippines (117 pp, -5 from last quarter), Indonesia (116 pp, -4), Thailand (111 pp, unchanged from previous quarter) and Vietnam (105 pp, +1) are among the top 10 most confident countries globally while Singapore scored 101 pp (+2), said Nielsen.
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