World Economy Indicators

02 January 2004

Consumer confidence (December)
The Conference Board's closely watched consumer confidence index stood at a lower-than-expected 91.3 in December, down from November's fourteen-month high of 92.5. The measure of attitudes towards the current economic climate declined from 81.0 to 73.9, but the gauge of future expectations rose from 100.1 to 102.9.

Consumer confidence (December)
British consumer sentiment improved slightly in December. The confidence measure of Martin Hamblin GfK rose from -6 in November to -5 last month. However, confidence in making big purchases slipped from +6 to +5.

Christmas retail sales
Despite recent tax cuts, German retail sales fell over the Christmas period. According to retail federation HDE, holiday sales sank by 3% to 4% year-on-year.

Data sourced from: multiple sources; additional content by WARC staff