confidence

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Consumer Confidence Declines in May, According to the Conference Board

The latest report from the Conference Board, an esteemed economic research institute, reveals a decrease in consumer confidence for the month of May. The consumer sentiment index dropped to 102.3, down from April’s reading of 103.7. Despite the decline, the US Consumer Confidence Index surpassed analysts’ expectations, which had anticipated a reading of 99.0. While …

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Finland’s Consumer Confidence Index Declines in May after Four Consecutive Months of Rebound

Helsinki, Finland – In a recent report by the Finnish National Statistical Office, it has been revealed that the country’s consumer confidence index experienced a decline in the month of May, putting an end to four months of consecutive rebound. The index fell from -7.9 in April to -8.8 in May, indicating a shift in …

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Singapore Confident in Tourism Sector’s Recovery to Propel Economy, Averting Recession

The Singapore government is expressing confidence in the recovery of the tourism sector, which is expected to play a vital role in driving the country’s economy and preventing a recession this year, despite the sluggish global economic outlook. Officials have maintained their gross domestic product (GDP) growth forecast at 0.5-2.5 percent, stating that the economy …

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German Consumer Climate Shows Positive Trend, Expected to Rise in June

According to the market research institute GfK, German consumer climate is set to experience an increase in June, driven by a shift in savings patterns and improved expectations of higher wages. This development eases concerns among households regarding their spending power in the face of inflation. The latest report reveals that the Consumer Climate Index …

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German Business Climate Drops More Than Expected in May, According to Ifo

Ifo, a prominent German economic research institute, has revealed that business climate in Germany experienced a larger-than-expected decline in May. The significant factor contributing to this decrease is the markedly reduced forecast for future economic conditions. This latest development serves as another indication of the challenging economic hurdles currently facing Germany, which boasts the largest …

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UK Consumer Confidence Rises in May Despite Lingering High Inflation, Survey Finds

Market research firm GfK has revealed that consumer confidence in the United Kingdom (UK) has increased for the fourth consecutive month, reaching its highest level in 15 months. This surge in confidence is attributed to households’ optimism regarding the economy and personal finances, even in the face of persistently high inflation. According to GfK’s Consumer …

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Index of Confidence in Thai Hotel Accommodation Slips in April Due to Low Season and Northern Smoke Dust

According to the Bank of Thailand (BOT), the confidence index of accommodation operators in April revealed a decrease in the average stay rate to 57%, down from 66% in March. This decline was observed in almost every region of the country, which was attributed to the low season of foreign tourists and the problem of …

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Small Business Confidence Index in the US Sees Increase in April

The National Federation of Independent Business (NFIB) has released the small business confidence index for April, indicating a positive shift in sentiment. The index rose by 1.1 points to 89.0, marking a notable change from previous months. The confidence index had been on a steady decline for 16 consecutive months, dropping below the average level …

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Thailand’s Business Confidence Index declined in April due to the slowdown in trading partners’ economies

Thailand’s Business Confidence Index declined in April due to the slowdown in trading partners’ economies, according to a report by the Bank of Thailand (BOT). The index stood at 50.1 in April, down from 52.9 in March, as a result of manufacturing confidence, operating results and a significant drop in purchase orders. This was partly …

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