FOREX TradingCharts.com

Financial News: U.S. Consumer Sentiment Shows Slight Improvement In July

U.S. Consumer Sentiment Shows Slight Improvement In July

07/19/2019 - 10:19:00 (RTTNews)

(RTTNews) - Reflecting an uptick in expectations, the University of Michigan released a report on Friday showing a slight improvement in U.S. consumer sentiment in the month of July.

The preliminary report showed the consumer sentiment index inched up to 98.4 in July from the final June reading of 98.2. Economists had expected the index to edge up to 98.5.

"Consumer sentiment remained largely unchanged in early July from June, remaining at quite favorable levels since the start of 2017," said Surveys of Consumers chief economist Richard Curtin.

He added, "Moreover, the variations in Sentiment Index have been remarkably small, ranging from 91.2 to 101.4 in the past 30 months."

The uptick by the headline index came as the index of consumer expectations crept up to 90.1 in July from 89.3 in June.

On the other hand, the report said the current economic conditions index dipped to 111.1 in July from 111.9 in June.

"Perhaps the most interesting change in the July survey was in inflation expectations, with the year-ahead rate slightly lower and the longer term rate moving to the top of the narrow range it has traveled in the past few years," Curtin said.

The report said one-year inflation expectations slipped to 2.6 percent from 2.7 percent, while five-year inflation expectations jumped to 2.6 percent from 2.3 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Manufacturing PMI Data Due On Thursday (03 hr(s), 20 min(s), 10 sec(s) ago)
(RTTNews) - Japan will on Thursday release preliminary August results for the manufacturing PMI fr ...Full Story»

Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts (06 hr(s), 35 min(s), 10 sec(s) ago)
(RTTNews) - Citing a lack of clarity about when the risks to the U.S. economy will be resolved, th ...Full Story»

Zambia Holds Rate Steady On High Inflation, Weaker Growth Outlook (10 hr(s), 51 min(s), 10 sec(s) ago)
(RTTNews) - Zambia's central bank left its key interest rate unchanged on Wednesday, after rai ...Full Story»

Spain Exports Rise In June (11 hr(s), 05 min(s), 10 sec(s) ago)
(RTTNews) - Spanish merchandise exports rose 0.9 percent year-on-year in June, mainly due to incre ...Full Story»

U.S. Existing Home Sales Rebound More Than Expected In July (11 hr(s), 05 min(s), 10 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. showed a notable rebound in the month of July, accordi ...Full Story»

Continued Monitoring Of Financial Stability Risks Needed: Thailand CB Minutes (11 hr(s), 48 min(s), 10 sec(s) ago)
(RTTNews) - Risks to financial stability such as high household debt, warrants continued monitorin ...Full Story»

Belgium Consumer Confidence Lowest Since November 2016 (12 hr(s), 11 min(s), 10 sec(s) ago)
(RTTNews) - Belgium's consumer confidence dropped sharply in August after a modest improvement ...Full Story»

UK Budget Balance Posts Small Surplus In July (13 hr(s), 40 min(s), 10 sec(s) ago)
(RTTNews) - The UK budget balance showed a small surplus in July, figures from the Office for Nati ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Manufacturing PMI Data Due On Thursday

08/21/2019 - 18:02 PM (RTTNews)
(RTTNews) - Japan will on Thursday release preliminary August results for the manufacturing PMI fr ...Full Story>>

Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts

08/21/2019 - 14:47 PM (RTTNews)
(RTTNews) - Citing a lack of clarity about when the risks to the U.S. economy will be resolved, th ...Full Story>>

Zambia Holds Rate Steady On High Inflation, Weaker Growth Outlook

08/21/2019 - 10:31 AM (RTTNews)
(RTTNews) - Zambia's central bank left its key interest rate unchanged on Wednesday, after rai ...Full Story>>

U.S. Existing Home Sales Rebound More Than Expected In July

08/21/2019 - 10:17 AM (RTTNews)
(RTTNews) - Existing home sales in the U.S. showed a notable rebound in the month of July, accordi ...Full Story>>

Spain Exports Rise In June

08/21/2019 - 10:17 AM (RTTNews)
(RTTNews) - Spanish merchandise exports rose 0.9 percent year-on-year in June, mainly due to incre ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.