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University of Michigan consumer confidence rises above expectations in January

The final estimate of University of Michigan index of consumer confidence was upwardly revised to 95.7 in January. This is above consensus expectations of 95. Revisions were equally divided between the present situation and consumer expectations sub-indices.

The one-year inflation index was downwardly revised to 2.7 percent. The moderation in January compared to December was driven from a slight fall in purchasing conditions as consumers viewed prices as less attractive after the holiday season discounts. However, the report indicates that consumers continue to be positive about job growth and incomes. Overall, consumer confidence continues to be on a solid footing and is expected to be supportive of the GDP growth in months ahead, stated Barclays in a research report.

At 20:00 GMT the FxWirePro's Hourly Strength Index of US Dollar was bullish at 92.5361. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex

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2018-11-12 16:31:00
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November 12 12:00 UTC Released

INManufacturing Output

Actual

4.6 %

Forecast

Previous

4.6 %

November 12 12:00 UTC Released

INIndustrial Output YY

Actual

4.5 %

Forecast

4.3 %

Previous

4.3 %

January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

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2016 bln ARS

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January 22 19:00 UTC 423298423298m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 423298423298m

ARTrade Balance

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Previous

-1541 %

January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 411478411478m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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