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U.S. consumer confidence rose in May

- General News
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April.

U.S. consumer confidence declined in January

- General News
The Conference Board Consumer Confidence Index decreased in January following an upwardly revised increase in December 2022.

Rabobank: High prices affecting shopping decisions, discount traffic up 10-15% 

- Retail
In its most recent North American Agribusiness Review, Rabobank says consumers are clearly trading down in their shopping behavior, dining out less, and choosing discount grocers more often.