US consumer confidence unexpectedly drops in January

Note: This section contains information in English only.
Source: Marketwatch
An index measuring US consumer confidence unexpectedly fell in January as outlook for existing business environment and employment worsened. The confidence gauge dropped from 64.8 in December to 61.1 in January. Analysts suggest the recent decline in sentiment can be associated with a surge in gasoline price. Economists earlier predicted the confidence measure would climb to 68.2.

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