198 India News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • INDIA NEWS
  • NEWS
    • INDIA USA TRADE NEWS
    • INDIA AFRICA NEWS
    • INDIA EU NEWS
    • INDIA GULF NATIONS NEWS
    • INDIA RUSSIA NEWS
    • INDIA NIGERIA NEWS
    • INDIA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • EDUCATION
    • EDUCATION
    • VENTURE CAPITAL
    • JOINT VENTURE
    • INDIA UNIVERSITIES
    • 198INDIA MEDIA TRAINING
    • INDIA FUNDING OPPORTUNITIES
    • INDIA GOVERNMENT ASSISTANCE
    • INDIA PARTNERSHIP OPPORTUNITIES
    • INDIA UNTAPPED OPPORTUNITIES
    • INDIA MANUFACTURERS
    • 198TILG INDIA CEO
    • INDIA BUSINESS HELP
  • ASK IKE LEMUWA
  • CONTACT US
  • HOME
  • VIDEOS
  • BUSINESS
  • INDIA NEWS
  • NEWS
    • INDIA USA TRADE NEWS
    • INDIA AFRICA NEWS
    • INDIA EU NEWS
    • INDIA GULF NATIONS NEWS
    • INDIA RUSSIA NEWS
    • INDIA NIGERIA NEWS
    • INDIA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • EDUCATION
    • EDUCATION
    • VENTURE CAPITAL
    • JOINT VENTURE
    • INDIA UNIVERSITIES
    • 198INDIA MEDIA TRAINING
    • INDIA FUNDING OPPORTUNITIES
    • INDIA GOVERNMENT ASSISTANCE
    • INDIA PARTNERSHIP OPPORTUNITIES
    • INDIA UNTAPPED OPPORTUNITIES
    • INDIA MANUFACTURERS
    • 198TILG INDIA CEO
    • INDIA BUSINESS HELP
  • ASK IKE LEMUWA
  • CONTACT US
No Result
View All Result
198 India News
No Result
View All Result
Home BUSINESS NEWS FROM AROUND THE WORLD

Dose of caution with consumer confidence

by Gias
August 20, 2021
2 min read
0
Dose of caution with consumer confidence
Buy JNews
ADVERTISEMENT

[ad_1]

RELATED POSTS

What Corporate Britain Can Reveal About the State of the Economy

Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)

Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout

Households misplaced some confidence within the economic system this month as the tip of the furlough scheme approached however ranges of optimism are nonetheless near document highs.

GfK’s shopper confidence index fell by one level to -8 in August as households in the reduction of spending on big-ticket objects following an preliminary increase when the economic system emerged from lockdown within the spring.

The most important buy sub-index fell by 5 factors to -3, whereas the financial savings index rose by 5 factors to 25, suggesting that households are cautious about spending their lockdown financial savings amid uncertainty about how the economic system will fare when authorities assist measures are withdrawn in September.

Though households are extra optimistic of their evaluation of how the economic system coped over the previous 12 months, they’re barely extra cautious concerning the coming 12 months. The sub-index for the overall financial scenario over the approaching 12 months slipped by one level to -6.

Regardless of rising concern concerning the future, households are nonetheless assured about their private circumstances. The furlough scheme has protected incomes over the previous 12 months and folks coming off the scheme are coming into a wholesome jobs market, with vacancies hovering and joblessness falling as companies reply to rising demand.

The sub-index for private monetary conditions over the approaching 12 months was flat at 11.

Joe Staton, shopper technique director at GfK, the German supplier of knowledge and analytics to the patron items business, stated: “In opposition to a backdrop of cooling headline inflation and hovering home costs, the UK shopper confidence index is steady at minus 8 this August. Importantly, expectations for our private monetary scenario for the approaching 12 months are holding up and this positivity bodes effectively for the economic system going forwards this 12 months and subsequent.”

“With the economic system persevering with to open up and GDP bouncing again, the general image for the financial well being of the nation is wanting good for the rest of 2021. There are compelling causes right here to be cheerful as we start to place the toughest pandemic months behind us.”



[ad_2]

Source link

Tags: cautionconfidenceConsumerDose
ShareTweet
Previous Post

Car use back to levels seen before first lockdown

Next Post

taliban: View: What will the Taliban do with a $22 billion economy?

Related Posts

What Corporate Britain Can Reveal About the State of the Economy
BUSINESS NEWS FROM AROUND THE WORLD

What Corporate Britain Can Reveal About the State of the Economy

July 24, 2022
Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)
BUSINESS NEWS FROM AROUND THE WORLD

Communications stocks lag for week, dragged by Snap, telecoms (NASDAQ:NFLX)

July 23, 2022
Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout
BUSINESS NEWS FROM AROUND THE WORLD

Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout

July 23, 2022
Russian missiles hit Odesa after Moscow agrees grain export deal with Kyiv
BUSINESS NEWS FROM AROUND THE WORLD

Russian missiles hit Odesa after Moscow agrees grain export deal with Kyiv

July 23, 2022
Gold sees glimmer of hope as US dollar hits rough patch
BUSINESS NEWS FROM AROUND THE WORLD

Gold sees glimmer of hope as US dollar hits rough patch

July 23, 2022
New Interim CFO Strengthens Executive Team
BUSINESS NEWS FROM AROUND THE WORLD

New Interim CFO Strengthens Executive Team

July 23, 2022
Next Post
taliban: View: What will the Taliban do with a $22 billion economy?

taliban: View: What will the Taliban do with a $22 billion economy?

Riots, port stoppages dim SA economic growth prospects

Riots, port stoppages dim SA economic growth prospects

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • EU decides to ease sanctions on Russian oil exports
  • What Corporate Britain Can Reveal About the State of the Economy
  • COVID-19: India reports 20,279 fresh cases, 36 deaths in last 24 hours | DETAILS
  • Sri Lanka president gets long-sought win, steep challenges- The New Indian Express
  • Teacher Recruitment Scam: Partha Chatterjee Hospitalised After Arrest, Role of Another Woman Under ED Scanner
  • The Dogefather sends his regards – TechCrunch
  • College Application Strategies: Conquering The College Application Process
  • School Bus With 2 Dozen Children Stuck In Drain, Pulled Out
  • Justice Bag panel flagged Partha nod for illegal committee
  • Govt plans to reduce prices of critical drugs on August 15 | India News
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2021 198 India News.
All Rights Reserved.

No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • INDIA NEWS
  • INDIA USA TRADE NEWS
  • INDIA AFRICA NEWS
  • INDIA EU NEWS
  • INDIA GULF NATIONS NEWS
  • INDIA RUSSIA NEWS
  • INDIA NIGERIA NEWS
  • INDIA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • EDUCATION
  • VENTURE CAPITAL
  • INDIA JOINT VENTURE NEWS
  • INDIA UNIVERSITIES
  • 198INDIA MEDIA TRAINING
  • INDIA MANUFACTURERS
  • INDIA BUSINESS HELP
  • 198TILG INDIA CEO
  • INDIA FUNDING OPPORTUNITIES
  • INDIA PARTNERSHIP OPPORTUNITIES
  • INDIA GOVERNMENT ASSISTANCE
  • INDIA UNTAPPED OPPORTUNITIES
  • ASK IKE LEMUWA
  • CONTACT US

Copyright © 2021 198 India News.
All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In