In June, the US consumer confidence index rose to 98.2 points from 98 points in May, according to the final data from the University of Michigan. Experts had expected the index to rise to 99 points. The ratio of US citizens to the current financial situation was 116.5 points, increased from 111.8 points a month earlier. Consumer expectations for the next six months deteriorated in June to 86.3 points from 89.1 points. The forecast of Americans on inflation for the next year reached 3%, which is the maximum since March 2015, compared with the previously expected 2.8%. For many tomorrows, the forecast rose to 2.6% from 2.5%. According to experts, the deterioration of the index reflects the growing fears of consumers about trade wars.
Pandemic crisis to hit economic growth in Asia, China, World Bank says25.03.2020
Nike income drops as digital growth covers China sales decline on virus impact06.03.2020
ADB says coronavirus could cut global growth by 0.1% to 0.4%05.03.2020
Oil clocks in more than 1%; virus anxiety restricts gains