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US consumer confidence increases in December
The Consumer Sentiment Index in the United States improved by 3.7% in December compared to the previous month, and reached 52.9, a final report posted by the University of Michigan revealed on Friday. However, the figure came lower than the preliminary report and declined by 28.5% on an annual level. The Current Economic Conditions Index decreased by 1.4% monthly to 50.4 in December, representing a 32.9% year-over-year decline. Meanwhile, the Index of Consumer Expectations jumped by 7.1% compared to November, and fell by 25.5% compared to December 2024 to reach 54.6. "While lower-income consumers posted gains, ... (full story)
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