Consumer confidence in the US deteriorated sharply in August with the University of Michigan’s Consumer Sentiment Index dropping to 70.2 in August (preliminary) from 81.2 in July. This reading missed the market expectation of 81.2 by a wide margin.
Väljaande täiendavad üksikasjad näitasid, et praeguste tingimuste indeks langes 77.9-lt 84.5-le ja tarbijaootuste indeks langes 65.2-lt 79-le. Lõpuks langes 1-aastane inflatsiooniprognoos 4.6% -lt 4.7% -ni.
Commenting on the data, “consumers reported a stunning loss of confidence in the first half of August,” noted Richard Curtin, Surveys of Consumers chief economist. “There is little doubt that the pandemic’s resurgence due to the Delta variant has been met with a mixture of reason and emotion. Consumers have correctly reasoned that the economy’s performance will be diminished over the next several months.”
Turu reaktsioon
Greenbackil on raskusi nõudluse leidmisega pärast seda aruannet ja USA dollari indeks viimati kaotas 0.26% päeval 92.75 juures.
