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Friday 26 July 2013 9:52 am

US consumer confidence sees surprise jump

By: Peter Spence

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US consumer confidence has risen to 85.1 in July from 84.1 last month, according to figures from se the University of Michigan consumer sentiment index. Economists had forecast a slight drop to 84.0.

Earlier this month a flash estimate saw consumer confidence fall from 84.1 to 83.9, despite economists predicting an increase to 85.0.

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