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US consumer confidence dips in November
The Consumer Sentiment Index in the United States declined 4.9% in November compared to the previous month, to stand at 51, according to the final monthly report released by the University of Michigan on Friday. The figure was down by 29% annually. The Current Economic Conditions Index decreased by 12.8% in the reported period compared to October and by 20% annually, standing at 51.1 points. The Index of Consumer Expectations rose by 1.4% on a monthly basis to 51, and tumbled 33.7% on a yearly basis. "Consumers remain frustrated about the persistence of high prices and weakening incomes. This month, current ... (full story)