US January prelim U Mich consumer sentiment 99.1 vs 99.3 expected

January consumer sentiment data from the University of Michigan

• Prior was 99.3

Details:

• 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.