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Consumer confidence in the UK, according GfK, in October fell to the lowest since December 2017 level of minus 13 points compared with the September value of minus 10 points. These data suggest that, compared with steady growth in the middle of this year, the British economy has slowed its rise in anticipation of the country's withdrawal from the EU. The most significant fall in October was shown by an indicator defining the intentions of the British to make purchases. The index of consumer confidence in the economy for the next year was the lowest since the vote on Brexit. Experts fear a deterioration in sentiment in the event that the variant of a Brexit deal proposed by Teresa May does not receive the support of the British Parliament.
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 sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
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 ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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