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The French National Institute of Statistics and Economic Studies reported that in November, consumer confidence in the French economy dropped from 95 points in October to 92 points, the lowest level since February 2015. According to experts, the decline was expected to decrease only to 94 points. Consumers' assessment of their own financial situation was at the level of 18 points, having decreased by 2 points from the October figure. The indicator, which determines the French perception of their standard of living, dropped by 11 points and amounted to minus 42 points. The indicator characterizing the purchasing power, dropped by 6 points to minus 14 points. At the same time, unemployment expectations amounted to 27 points, showing a significant increase against 6 points a month earlier.
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 ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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 ...
KYC Policy