PARIS, Aug 30 (Reuters) – U.S. consumer confidence improved more than expected in August, the Conference Board’s monthly survey showed on Tuesday.
The confidence index calculated by the employers’ organization came out at 103.2 against 95.3 in July (95.7 in the first estimate) and a consensus giving it to 97.7.
The component of consumer judgment on the current situation stood at 145.4 in August against 139.7 (revised from 141.3 in the first estimate) in July and that of expectations came in at 75.1 against 65 .6 (revised from 65.3).
Consumer expectations on inflation over the one-year horizon show a rate of 7.0% in August after 7.4% in July (revised from 7.6%).
(Written by Claude Chendjou, edited by Sophie Louet)
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