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Consumer Sentiment Falls to Six-Month Low on Concern Over Prices, Uncertain Tax-Cut Benefit

Friday, 19 January 2018 22:18 WIB Ekonomi AS U.S.Consumer Spending

The University of Michigan’s consumer sentiment index fell in January to a reading of 94.4, the worst reading since July. Economists polled by MarketWatch expected a 98 reading. Confidence has increased substantially since the recession, though it’s still below levels of the internet bubble era. Source : Market Watch

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Global Economy

Europe

U.K. manufacturers posted a seventh consecutive month of expansion in November as sectors from food producers to makers of games and sports equipment increased output. Factory output rose 0.4

United States

The consumer price index rose 0.1% in December, with four-fifths of the increase tied to the highest cost of housing. The increase matched the MarketWatch forecast. If gas and food are stripped

Asia

The upbeat findings broadly echo those of an official gauge of the non-manufacturing sector last week that showed activity accelerated at a faster rate in December than the previous month,

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