January Consumer Confidence Declines Amid Ongoing Inflation Concerns

Reported 1 day ago

The Conference Board reported a drop in the January Consumer Confidence Index to 104.1, with notable decreases in the Present Situation Index. Despite this decline, economist Yelena Shulyatyeva noted that consumer sentiment remains stable and spending is expected to continue, although inflation and policy uncertainty are influencing consumer confidence.

Source: YAHOO

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