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The Numbers

US Consumers Are Delaying Purchases

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist  

US consumer confidence softened marginally in May as high oil prices kept inflation pressure in focus. The Conference Board Consumer Confidence Index slipped to 93.1 from an upwardly revised 93.8 in April, but still came in slightly above consensus,&nbsp…

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