Consumer sentiment on its 8 month nadir in the world’s largest economy
Consumer sentiment in July reached an 8 month nadir in the United States – the regular monthly survey of the Michigan University revealed. The preliminary results were published on Friday.
In July, the preliminary, estimated value of the consumer mood index dropped to 93.1 the lowest level of the last eight months, from the 95.1 points in June.
Analysts expected a final value of 95.0 points in July.
Among the sub-indices, the consumer expectations for the next six months declined from 83.9 of June to 80.2 in July, and the sub-index reflecting the current situation rose from 112.5 to 113.2 points. (MTI)
Related news
Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >The EU is looking for new markets for the food industry
The loss of the American market poses a serious challenge…
Read more >The US government bans several synthetic food dyes
The United States government is banning several widely used synthetic…
Read more >Related news
Gluten-free but still complete
Changing consumption habits, price-sensitivity, convenience needs and new nutritional trends…
Read more >Auchan’s Spanish Unit Alcampo To Shutter 25 Stores, Cut Over 700 Jobs
Alcampo, the Spanish unit of French retailer Auchan, has announced…
Read more >