US Consumer Sentiment Up to 4-Month High


The University of Michigan's consumer sentiment increased to 93.1 in November from 90 in October of 2015, beating market expectations, preliminary figures showed. It is the highest value since June as consumers are more optimistic over current and future conditions.

The barometer of current economic conditions rose to 104.8 in November from a final reading of 102.3 in October and the gauge of consumer expectations went up to 85.6 from 82.1 in the previous month.

Americans expect the inflation rate in the next year will slow to 2.5 percent from 2.7 percent in October. Over the next 5 to 10 years, they expect consumer prices to increase 2.5 percent, the same as in the previous month.

US Consumer Sentiment Up to 4-Month High


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
11/13/2015 3:09:13 PM