Global consumer confidence reached its highest level since the start of the Iran War, though weakening momentum across dozens of countries suggests the economic recovery is losing speed. According to tracking data from Morning Consult, the global four-week moving average rose to 99.5 for the week ending July 26, 2026. Out of 42 tracked markets, 17 recorded a decline in their four-week average this week. Austria fell 1.8 points to 70.8 after an 8.8-point raw weekly decline, placing it 11.8 percent below its January start. In Africa, Nigeria stood at 113.8 (down 10.3 percent from January), while South Africa remained flat relative to January at 103.3.