Consumer sentiment in the United States is on annual low

The Consumer Sentiment Index of the Michigan University and Thomson Reuters business news service declined to the lowest level of the past year in August.

In August, the consumer mood index of the Michigan University dropped to 95.3 points from the 97.9 points of the previous month, while analysts expected a small increase of 98.1 points.

The index in August this year has been the lowest since last September. (MTI)