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المشهد العربي
US consumer confidence increases amid falling inflation
In July, American consumer confidence saw a notable rise, with the confidence index increasing by 5.7 points to reach 55.2, reflecting improved assessments of the economic situation and future expectations, despite ongoing concerns about inflation and living costs. The survey also projected that inflation expectations for the coming year would decrease to 4.2% from 4.6% previously, while long-term expectations remained steady at 3.3%. Additionally, the data indicated that consumer sentiment still remains below the levels recorded during the same period last year, influenced by rising energy prices and geopolitical tensions.
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