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In September, the consumer confidence index in the US reached a maximum of half a year value of 100.8 points, preliminary data from the University of Michigan showed . In August, the index was 96.2 points. Economists had predicted the index at the level of 96.7 points. The attitude of consumers to the current situation in the country has improved to 116.1 points from 110.3 points in the previous month. The indicator, which determines consumer expectations for the next 6 months, rose to 91.1 points from 87.1 points. The outlook for the medium term dropped from 3% to 2.8%, for the long run - from 2.6% to 2.4%. 56 percent of Americans who participated in the survey, indicated an improvement in the financial situation. The maximum growth for 3 months was shown by an index evaluating the conditions for the purchase of durable goods.
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 ...
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 ...
On Monday, United Airlines (UAL.O) announced that it would continue adding more flights for international routes in September. The airline company plans to reintroduce flights that were canceled due to coronavirus pandemic. United Airlines ...
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