consumerconfidence

Consumer Confidence Drops in February: Biggest Monthly Decline in Nearly 4 Years

1 month ago

In February 2023, there was a sharp decline in consumer confidence, marking the largest monthly drop in nearly four years. The Consumer Confidence Index, calculated by the Conference Board, decreased by 8.5 points from the previous month, indicating growing concerns among consumers about future economic conditions.

US Retail Sales Surge: An Unexpected Boost

7 months ago

Recent data on retail sales in the United States revealed an unexpected increase, surprising economists and analysts. According to a report published on Monday, sales rose by 0.6% in August compared to the previous month, significantly above expectations. Economists had previously predicted a mere 0.1% growth.

Consumer Confidence in South Africa Reaches Five-Year High

7 months ago

Recent data has shown that consumer confidence in South Africa has reached its highest level in five years, signaling a positive outlook for the country's economy. The consumer confidence index has risen to +11, which is 5 points higher than in the previous quarter and 15 points higher compared to the same period last year. This increase has been driven by improving economic conditions and positive expectations from South African households regarding the future.

Increase in US Consumer Sentiment Amid Declining Inflation Expectations

7 months ago

A recent report has shown that consumer confidence in the United States continues to improve, presenting a positive signal for the economy. The primary factor contributing to this enhancement has been the decreasing inflation expectations among the populace. According to a survey conducted by the University of Michigan, the consumer sentiment index rose from 69.5 to 71.3 in September, indicating growing hopes for price stability.

Improvement in US Consumer Sentiment: First Positive Signs in Five Months

7 months ago

Consumer sentiment in the United States has shown an increase for the first time in the past five months. According to the latest data, the Consumer Sentiment Index, published monthly by the University of Michigan, rose to 65.7 in August from 64.4 in July. This change indicates that consumers are feeling more optimistic about economic conditions, despite ongoing inflation and rising interest rates.