Consumer confidence in France grew in February more than expected. According to statistics by Insee, the corresponding index was 95 points, having risen from 92 points in January. At the same time, according to economists forecast, the index was expected at the level of 92 points. The attitude of French consumers to their financial situation also improved, this figure rose from minus 14 points to minus 13 points. The indicator, which determines the attitude of the French to their own standard of living, was minus 30 points, having increased by 2 points. Consumers increased the assessment of their ability to make savings by 3 points, which increased to 2 points. The index indicating unemployment expectations dropped to 12 points from 32 points.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
The economy in the European Union will plunge deeper into recession for 2020 and may recover only slightly in 2021 than previously thought, the European Commission predicted on Tuesday. The downbeat assessment of Europe's economy comes as ...
Japanese manufacturers’ confidence dropped in the second quarter to levels not monitored since the global financial crisis of 2009. This highlighted the damage that the novel coronavirus crisis inflicted on the export-dependent economy. The ...
Japan retail sales fell a double-digit pace for the second month in May as the coronavirus pandemic heavily affected consumer confidence and hopes for economic recovery. Retail sales dropped 12.3% in May year-on-year as the downturn in demand ...