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🌐 Entity
Consumer confidence index
Economic indicator
📊 Rating
3 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Inflation expectations (1)
- Consumer sentiment (1)
- Monetary policy (1)
- Economic outlook (1)
- Consumer confidence (1)
- Economic uncertainty (1)
- Inflation impact (1)
- Economic resilience (1)
- Manufacturing sector (1)
- Regional economic indicators (1)
🏷️ Keywords
Euro zone (1) · ECB survey (1) · Inflation expectations (1) · Income growth (1) · Consumer sentiment (1) · Monetary policy (1) · Frankfurt (1) · February 2023 (1) · Polish consumer sentiment (1) · Economic conditions index (1) · Consumer expectations (1) · Inflation (1) · Interest rates (1) · Wage growth (1) · Retail sector (1) · Economic uncertainty (1) · Empire State Manufacturing Index (1) · New York Fed (1) · Manufacturing sector (1) · Economic indicators (1)
📖 Key Information
A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries.
In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are likely to decrease their spending.
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