US Consumer Sentiment Rises in December


The University of Michigan's consumer sentiment increased to 91.8 in December from 91.3 in November of 2015 but slightly below market expectations. Current conditions improved but consumers are less optimistic over the future, preliminary figures showed.

The barometer of current economic conditions rose to 107 in December from a final reading of 104.3 in November while the gauge of consumer expectations went down to 82 from 82.9 in the previous month.

Americans expect the inflation rate in the next year will slow to 2.6 percent from 2.7 percent in November. Over the next 5 to 10 years, they expect consumer prices to increase 2.6 percent, the same as in the previous month.

US Consumer Sentiment Rises in December


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
12/11/2015 3:08:29 PM