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US consumer confidence dips to January lows
In August, American consumer confidence fell to its lowest level in seven months, with the confidence index dropping to 89.4 points from 90.2 in July, as their outlook on the job market and inflation worsened. Consumers expect inflation to accelerate to 5.8% in the upcoming months, while their expectations regarding the labor market have deteriorated, although the optimism index decreased by 7.8%. This decline reflects consumer pessimism about the economic situation in the United States.
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