Consumer confidence is out. Last month it came in at 54.1% (an increase), and analysts were expecting it to rise even further to 57.4%. And did it? No, not really. The index actually fell180 bps to 52.5%, with the Present Situation Index dropping 200 bps to 23.5% and the Expectations Index dropping 170 bps to 73.6%. Not such good news for December.
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