Singapore consumers slightly more confident: Nielsen

Consumer confidence in Singapore showed a slight improvement in the first quarter of 2013, according to the latest global consumer confidence findings from Nielsen.

However, levels remained the same compared to the first quarter of 2012.

Consumer confidence here indexed at 96 in Q1 2013, a one-point increase from the previous quarter.

This was put down to increased confidence in the future of the economy and in job prospects. Consumers' intention to spend also increased, the survey said.

The Republic's score puts it in eighth position behind 14 Asia-Pacific countries, but ahead of countries like Australia, Taiwan and Japan.

Global research firm Nielsen conducted the online survey between February 18 and March 8, polling more than 29,000 online consumers in 58 countries.

Established in 2005, the survey tracks consumer confidence, major concerns and spending intentions of consumers.

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