Consumer confidence in the US remained in May at the level of April

The consumer confidence index in the US in May was 98.8 points, as well as in April, according to data from the University of Michigan. Experts had expected the index to fall to 98.7 points. The tax reform was named a positive factor by about 16% of survey participants. The same number of respondents expressed concern about potential trade wars. In May, the ratio of Americans to the current financial situation deteriorated to 113.3 points from 114.9 points a month earlier. The indicator of consumer expectations for the next 6 months rose for the first time in 3 months to 89.5 points from 88.4 points. The inflation forecast for the next year rose to 2.8% from 2.7%, for many tomorrows - remained at 2.5%.

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