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US CB Consumer Confidence Index Edges Lower in October

Consumer confidence in the US weakened sharply in October with the Conference Board’s Consumer Confidence Index edging lower to 100.9 from 101.3 (revised from 101.8) in September. This reading came in worse than Reuters’ estimate of 102. Further details of the publication showed that the Consumer President Situation Index climbed …

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UK Retail Sales Fall as The Economy Weakens

Tuesday’s survey showed that the recovery of the retail sector in Britain, which was a bright spot for the economy affected by the Coronavirus, stopped this month after recording improvement over several months. The Confederation of British Industry monthly survey of retail sales fell to -23 in October, the lowest …

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