US Consumer Sentiment at 4-Month Low


The University of Michigan's consumer sentiment fell to 90.7 in February of 2016 from 92 in January, much lower than market expectations of 92. It is the weakest figure in four months, due to lower current and future expectations and lower inflation outlook.

The barometer of consumer expectations went down to 81 from 82.7 in the previous month and the gauge of current economic conditions decreased to 105.8 from a final of 106.4 in January.

Americans expect the inflation rate in the next year will be 2.5 percent, the same as in January. Over the next 5 to 10 years, they expect consumer prices to increase 2.4 percent, lower than 2.7 percent in the previous month.

US Consumer Sentiment at 4-Month Low


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
2/12/2016 3:14:03 PM