US: CB Consumer Confidence declines to 100.2 in November

The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index declined to 100.2 in November from (revised from 102.5  |  29/11/2022 15:07

The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index declined to 100.2 in November from (revised from 102.5) 102.2 in October.

The Present Situation Index edged lower to 137.4 from 138.9 and the Expectations Index fell to 75.4 from 78.1 in the same period. Finally, the one-year inflation rate expectations rose to 7.2% from 6.9% in October.

Market reaction

These figures don't seem to be having a noticeable impact on the US Dollar's performance against its rivals. As of writing, the US Dollar Index was virtually unchanged on the day at 106.58.

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