US Consumer Sentiment at 7-Month High


The University of Michigan's consumer sentiment increased to 93.3 in January of 2016 from 92.6 in December of 2015, above market expectations. It is the highest figure since June, driven by improved future expectations, preliminary estimates showed.

The barometer of consumer expectations went up to 85.7 from 82.7 in the previous month while the gauge of current economic conditions decreased to 105.1 from a final of 108.1 in December.

Americans expect the inflation rate in the next year will slow to 2.4 percent from 2.6 percent in December. Over the next 5 to 10 years, they expect consumer prices to increase 2.7 percent, higher than 2.6 percent in the previous month.

US Consumer Sentiment at 7-Month High


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
1/15/2016 3:11:40 PM