Credit Benchmark have released the June Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK & EU Consumer Services based on the consensus views of over 20,000 credit analysts at 40+ of the world’s leading financial institutions.
Drawn from more than 950,000 contributed credit observations, the CCI tracks the total number of upgrades and downgrades made each month by credit analysts to chart the long-term trend in analyst sentiment for Consumer Services. A monthly CCI score of 50 indicates neutral credit quality, with an equal number of upgrades and downgrades made over the course of a month. Scores above 50 indicate that credit quality is improving. Scores below 50 indicate that credit quality is deteriorating.
Consumer Services consists of sectors Media, Retail, and Travel & Leisure.
EU Consumer Services maintain a positive credit outlook for three consecutive months. US Consumer Services maintain a negative credit outlook for five consecutive months. UK Consumer Services return to negative credit outlook.
US Consumer Services: Net Deterioration Trend Continues
US Consumer Services firms maintain a negative credit outlook for five consecutive months.
US Consumer Services CCI score this month is 49.3, an improvement from last month’s CCI of 48.0.
Latest US Consumer Confidence Indicator shows a month-over-month decrease.
UK Consumer Services: Net Deterioration Returns
UK Consumer Services firms return to net deterioration, after three months of positive credit outlook.
UK Consumer Services CCI score this month is 49.4, a decrease from last month’s CCI of 50.8.
Latest UK Consumer Confidence Indicator rises again, improving for the fifth consecutive month.
EU Consumer Services: Net Improvement Trend Forms
EU Consumer Services firms maintain a positive credit outlook for three consecutive months.
EU Consumer Services CCI score this month is 52.5, a decrease from last month’s CCI of 56.6.
Latest EU Consumer Confidence Indicator shows a month-over-month increase.
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