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
January was surprisingly good for retail
Compared to the weak end of the year, retail sales…
Read more >How will the world economy develop in 2025?
The global economy will continue to face major challenges in…
Read more >The impact of bird flu is also being felt in trade
The United States is facing a growing egg shortage as…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >