The sentiment of the American consumers has deteriorated
Consumer sentiment in the United States in August was worse than expected, according to the regular monthly survey of the University of Michigan.
According to preliminary data released on Friday, the index dropped to 92.1 from 98.4 in July. Experts expected a less deteriorating index of 97.2 points.
Among the sub-indices, the consumer expectations indicator for the next six months dropped from 90.5 points to 82.3 points, while the value of the sub-index reflecting the current situation weakened from 110.7 points to 107.4 points. (MTI)
Related news
America uses sterile flies to protect itself against the flesh-eating parasite – Mexican animal exports have stopped again
The United States has again suspended live animal imports from…
Read more >Fitch: Global economy recovering as tariff war eases – China and US may drive growth
Fitch Ratings expects stronger-than-expected economic performance in 2025: according to…
Read more >Hungarian-American agricultural diplomacy is experiencing a golden age
Hungarian-American bilateral relations are growing stronger, whether it is politics,…
Read more >Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >