U.S. CONSUMER SENTIMENT BEATS EXPECTATIONS, INFLATION FEARS RISE October's final University of Michigan consumer sentiment index came in at…
U.S. CONSUMER SENTIMENT BEATS EXPECTATIONS, INFLATION FEARS RISE
October's final University of Michigan consumer sentiment index came in at 48.0 vs. 46.3 expected, but remained below September's 48.1.
🔸 Current conditions: 46.7 vs. 50.9 prior
🔸 Consumer expectations: 48.8 vs. 46.3 prior
🔸 1-year inflation outlook: 4.7% vs. 4.6% prior
🔸 5-year inflation outlook: 3.5% vs. 3.4% prior