July consumer sentiment jumps to 6-month high
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Consumer sentiment climbed far more than expected in early July to its highest in six months due to a surging stock market and reluctant acceptance of high gasoline prices, a survey showed on Friday.
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The number of mortgages approved rose to 120,000 in July, the highest since the start of 2006.
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Annual house price inflation in the UK  has picked up - hitting 6% in July - according to government figures.
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U.S. consumer sentiment surpassed  expectations in late August after declining earlier in the  month as oil prices eased from record highs and security fears  abated, according to sources who saw a survey on Friday.
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Sterling rose to its highest level since July against the dollar.
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Surging energy costs drove U.S.  consumer prices up by a hefty and larger-than-expected 0.6  percent last month, the biggest jump since May, a government  report showed on Wednesday.
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Increased spending by consumers and business helped US economic growth rise at a higher-than-predicted rate in the July to September period.
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US consumer prices - stoked by more expensive gasoline as well as pricier fruits and vegetables - heated up in October, rising by 0.6 per cent, the biggest gain in five months.
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Consumer confidence in Germany, Europe s biggest economy, climbed to a six-month high as the winter holidays prompted shoppers to increase spending, the GfK market research company said.
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That enthusiasm was tempered somewhat today when the Labor Department reported that the Consumer Price Index (CPI) rose 0.6 percent in October, the biggest increase since June and
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U.S. consumer sentiment rose in May as consumers remained resilient despite record high gasoline prices, according to a poll published on Friday.
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The Labor Department reports on consumer prices for July at 8:30 a.m. EDT this morning. Economists are looking for an increase of 0.1 percent, following a 0.3 percent hike in June.
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Factories saw orders for big-ticket goods jump 5.9 percent in July, the most in 10 months, an encouraging sign that many manufacturers are holding up to the stresses caused by a housing slump and a credit crunch.
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stoked by more expensive gasoline as well as pricier fruits and vegetables -- heated up in October, rising by 0.6 percent, the biggest gain in five months.
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The FTSE 100 climbed above 6,000 on Tuesday afternoon as dealers digested the latest developments in the banking sector.
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Surging energy costs drove US consumer prices up by a hefty and larger-than-expected 0.6 percent last month, the biggest jump since May, a government report showed on Wednesday.
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US consumer sentiment rose in early December, according to a survey released on Friday, as consumers reacted positively to lower prices at the gas pump.