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The consumer confidence index in the US in June was 99.3%, dropping from the May level of 98 points, according to data from the University of Michigan. Analysts had expected growth of just 98.5 points. The indicator that determines the attitude of Americans to the current financial situation rose in June to 117.9 points from 111.8 points in May. The indicator of consumer expectations for the next 6 months decreased to 87.4 points from 89.1 points. Inflationary expectations for the coming year reached a maximum of 3 years at 2.9% compared with 2.8% a month earlier. In the long run, the forecast of Americans on inflation rose to 2.6% from 2.5%.
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 ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
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