US January prelim U Mich consumer sentiment 99.1 vs 99.3 expected

Author: Adam Button | Category: News

January consumer sentiment data from the University of Michigan

U Mich consumer sentiment
  • Prior was 99.3
  • Current conditions 115.8  vs 115.5 prior
  • Expectations 88.3 vs 88.9 prior
  • 1-year inflation 2.5% vs 2.3% prior
  • 5-10 year inflation 2.5% vs 2.2% prior
These numbers are very close to what was expected. Even the climb in inflation expectations simply puts it back to where it was a couple months ago.

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