Economy
January 27, 2016
Written by Peter Wright
Consumer confidence improved from 96.3 in December to 98.1 in January. The three month moving average (3MMA) declined from 96.0 in December to 95.7 in January. The 3MMA of the present situation is almost on its five year trend and that of expectations has now fallen below its 5 year trend (Figure 1).
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