They continue, after i house price data, the negative news from overseas. US consumer confidence declined in August. The index fell to 44,5 points from 59,2 points the previous month. This was reported by the Conference Board, emphasizing how it is the lowest figure since 2009 and lower than the expectations of analysts, who did not expect the index to drop beyond 52 points.
All the components decreased: from the one that measures expectations for the future of the economy in the next six months, which dropped to 51,9 points from 74,9 in the previous month, to the one that measures current conditions, which recorded a 'decrease to 33,3 points compared to 35,7 in July.
Inflation expectations for the next 12 months remained unchanged at 5,8%, in line with the previous month.
