The first look at December 2018 US consumer sentiment
Prior was 97.5
Current conditions 115.2 vs 112.3 prior
Expectations 86.1 vs 88.1 prior
1-year inflation 2.7% vs 2.8% prior
5-10 year inflation 2.4% vs 2.6%
Another solid reading on consumer sentiment despite the drop in the stock market. The fall in inflation expectations shouldn't be a surprise considering the fall in gasoline prices. However it's important because those expectations feedback into everything and will be something the Fed notes.
