The latest survey conducted by the University of Michigan has unveiled a notable upswing in the U.S. Consumer Sentiment Index, reaching 69.4 in December. This surge marks the highest recorded level since August, marking a pivotal turn following a consecutive five-month decline. Analysts had initially anticipated a more conservative figure, predicting a reading of 62.0. …
The Chairman of the Advisory Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce disclosed that Thailand’s Consumer Confidence Index soared to 60.9 in November, marking a notable improvement from October’s 60.2. This consecutive fourth-month surge propelled the index to its highest level in 45 months. The sub-indices also …
Thailand’s November Consumer Confidence Surges to 45-Month High Read More »
McKinsey & Company, a prominent global consultancy, has cast doubt on the immediate resurgence of consumer spending in China. The firm’s forecast suggests that Chinese consumers are likely to remain cautious in their spending habits, prompting companies to adopt more strategic approaches to tap into this pivotal consumer market. Daniel Zipser, Head of Consumer Asia …
The latest report by the Conference Board, a prominent economic research institute, unveiled a surge in the U.S. consumer confidence index, reaching 102.0 in November compared to October’s 99.1 figure, surpassing analysts’ projections of 101.0. While the uptick in confidence marks a positive trend, concerns regarding inflation and potential economic recession continue to impact the …
Consumer Confidence Surpasses Forecasts, Hits 102.0 in November: Conference Board Report Read More »
The latest findings from the GfK Market Research Institute and the Nuremberg Institute for Market Decision-Making reveal a marginal uptick in Germany’s consumer confidence index for December. The index edged up from -28.3 in November to -27.8, showcasing a growing willingness among people to spend, partly driven by a moderation in inflationary pressures. However, the …
The consumer confidence index in South Korea has recorded a consistent decline for the fourth consecutive month, as revealed by a recent survey conducted by the Bank of Korea (BOK). The decline, observed in November, is primarily attributed to growing apprehensions among consumers regarding the economic slowdown and persistently high interest rates. November’s consumer confidence …
Amidst economic fluctuations, GfK’s latest report reveals a notable upswing in British consumer confidence during November. However, this surge still falls short of pre-pandemic levels, hinting at underlying uncertainties. The GfK General Consumer Confidence Index for November reflected a promising trend, climbing from October’s three-month low of -30 to a more optimistic -24. This improvement, …
British Consumer Confidence Shows Resilience, Yet Trails Pre-COVID Peaks Read More »
According to the latest report by the Office for National Statistics (ONS), the UK’s Consumer Price Index (CPI) experienced a significant decline in October, dropping to 4.6% from September’s 6.7%, marking the lowest level in two years. The CPI for October remained stable on a monthly basis, a notable contrast to economists’ expectations of a …
British Inflation Slows to 4.6%, Marking a Two-Year Low: Office for National Statistics Read More »
The US Department of Labor unveiled the latest Consumer Price Index (CPI) figures for October, revealing a slower-than-anticipated rise in inflation within consumer spending. The Headline CPI, encompassing food and energy categories, reported a year-on-year increase of 3.2% in October. This figure stood slightly below analysts’ forecasts, which projected a higher rate of 3.3%. This …
US Consumer Price Index for October Shows Lower-than-Expected Increase at +3.2% Read More »
Consumer sentiment in the United States, as revealed by a survey conducted by the University of Michigan, has taken an unexpected dip in November. The U.S. Consumer Sentiment Index plummeted to 60.4, marking the lowest level in the past four months. This figure falls below analysts’ expectations, who had anticipated a reading of 63.7, slightly …