Analyst opinion by Maria Gregoriou to 18 April 2019

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18.04.2019
The index sums up inflation and unemployment outlooks for 62 economics. This year the index relied on Bloomberg economist surveys, while in previous years the index was complied with the use of actual data. The report stated that these top five countries all suffer from intense economic stress and scant progress in taming price growth and getting people back to work. Adding to this, the report said, “the Bloomberg Misery Index relies on the age-old concept that low inflation and unemployment generally illustrate how good an economy’s residents should feel.
18.04.2019
The current US economic situation, according to the Beige Book report released last night, shows that economic activity expanded at a slight-to-moderate pace in March and early April. The report, which presents data collected by each of the 12 Federal Reserve Districts, shows that results concerning consumer spending were varied. Overall the results in this area illustrated sluggish sales for both general retailers and auto dealers. While the outlook on consumer spending was dull, the picture concerning tourism was generally brighter.
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