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The consumer confidence index in the UK in March was minus 13 points, retaining the value of February, GfK NOP reported. The negative value of the index persists for 39 months. The indicator, which assesses the personal financial situation of citizens in the past 12 months, has kept the zero level. Their expectations for the next 12 months improved to 2 points from 1 point. At the same time, the assessment of the overall economic situation in the country over the past year remained at the previous level of minus 33 points. Over the next 12 months, consumer expectations improved by 2 points to minus 36 points. British readiness for major acquisitions decreased. The corresponding indicator fell by 4 points, making 1 point.
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 ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
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 ...
Alphabet Inc.’s Google (GOOGL) said on Monday that it would not use Fitbit Inc.’s (FIT) health data to target advertisements in an attempt to address the European Union’s antitrust concerns about its proposed acquisition ...
China saw its factory gate data for June perform better than expected on Thursday morning. However, persistent deflation indicated that the impact from the COVID-19 pandemic still continues to linger. The data, released by the National Bureau ...
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