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University of Michigan's Index of Consumer Sentiment posts final June reading of 50.0, down from May's 58.4; about 79% of consumers expected bad times in year ahead for business conditions, highest since 2009 as inflation remains key concern for consumers

Euromonitor: Discounters are fastest-growing grocery channel globally, with Aldi and Lidl actively expanding; consumers have become less likely to spend time seeking bargains, but favor trusted store brands that offer value for money at acceptable quality

Kantar: Inflation may be influencing Mexico's ranking of preferred brands in 2022, as people start to seek cheaper products, own brands or buy less; inflation continues at high levels despite government's efforts to lower prices of some products, services

Zacks: Dollar Tree is Bull of the Day on June 23 after solid Q1 growth and increased guidance in face of broader economic headwinds; retailer poised to thrive as more Americans tighten their purse strings amid sky-high gas prices and grocery bills

EU flash consumer confidence indicator for June decreased 1.9 points from May to -24.0, while euro area flash consumer confidence indicator fell 2.4 points to -23.6, below long-term average of -10.6 for EU and -11.0 for euro area: European Commission

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