CB Consumer Confidence rose to 101.3

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Tuesday, Mar 31 2015

CB Consumer Confidence Index stands at 101.3, up from 98.8 in February, revised from 96.4. Analysts were forecasting figure of around 96.6. The Expectations Index increased from 90.0 last month to 96.0 in March. The Present Situation Index, however, decreased from 112.1 in February to 109.1. This month’s increase was driven by an improved short-term outlook for both employment and income prospects; consumers were less upbeat about business conditions.

Earlier today, Chicago PMI figures were released. While analysts were predicting increase to 52.5, index rose only to 46.3, remaining near six-year lows. On the more positive side New Orders rose compared to last month as well as Employment.

Data did not have any major impact on the markets. Euro is currently being traded few points above 1.0730 level, Sterling is 1.4840 area, while Aussie is at 0.7620 level.

More in this category: « Eurozone CPI up in March Building Approvals fell by 3.2% in February »

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