University of Michigan consumer sentiment data
- Prior was 98.6
- Expectations 88.1 vs 88.7 prelim
- Current conditions 112.3 vs 113.2 prelim
- Prior current conditions 114.9
- 1-year inflation expectations 2.8% vs 2.8% initial and 2.9% prior
- 5-year inflation expectations 2.6% vs 2.6% prelim and 2.4% prior
I'm not surprised to see a dip in the final number given the pain in equity markets. It's still at a very healthy level.
