Trademagazin > News and articles > Market News > Consumer confidence in the United States deteriorated in August
Consumer confidence in the United States deteriorated in August
Consumer confidence in the United States fell more than expected to a six-month low in August as a result of concerns about the rapid spread of a highly infectious delta mutation in the coronavirus and rising inflation.
The Conference Board’s nonprofit economic research institute said Tuesday that its consumer confidence index fell from 125.1 points in July to 113.8 points, down 19 points from its pre-pandemic level. Analysts expected a slight deterioration of 124.0 points from August. (MTI)
Related news
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >Inflation increased moderately in October in the Czech Republic
Inflation in the Czech Republic increased by 0.3 percent from…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >