US Revised UoM Inflation Expectations

University of Michigan sentiment final for February • Prior month 71.1 • Current conditions 65.7 vs 68.7 prelim • Current conditions 74.0 prior • Expectations 64.0 vs 67.3 prelim • Expectations prior 69.3 • One-year inflation 4.3% vs 4.3% prelim • Five-year inflation 3.5% vs 3.3% prelim. A fall to 64.7 from 71.1 is dramatic for this indicator and puts it back at the lowest since late 2023. That said, this indicator is highly political and hasn't been useful for a long time. The market reaction has been minimal.US consumer confidence deteriorates in February The Consumer Sentiment Index in the United States declined in February compared to the month prior to stand at 64.7, a preliminary report posted by the University of Michigan showed on Friday. The figure was down 9.8% on a monthly basis and 15.9% on an annual level. The Current Economic Conditions Index tumbled 12.5% in the reported period compared to January 2025 and slid 17.3% compared to February 2024, amounting to 65.7 points. The Index of Consumer Expectations tumbled 7.9% on a monthly basis and 14.9% on a yearly basis, coming in at 64. The report cited a deterioration in conditions in all five index components, leading to a 19% decline in buying conditions for durables, "in large part due to fears that tariff-induced price increases are imminent." Nevertheless, while expectations about the economy faltered for both Democrats and Independents, they remained unchanged for Republicans. post: From the University of Michigan consumer survey: “Long-run inflation expectations rose over the course of the month and climbed from 3.2% in January to 3.5% in February. This is the largest month-over-month increase seen since May 2021.” https://t.co/b98oHw8sMJ

The Consumer Sentiment Index in the United States declined in January compared to the month prior, to stand at 71.1, the final report posted by the University of Michigan showed on Friday. The figure was down 3.9% on a monthly basis and 10% on an annual level, coming in lower than the preliminary reading of 73.2. The Current Economic Conditions Index tumbled 1.5% in the reported period compared to December 2024 and slid 9.6% compared to January 2024, amounting to 74 points. The Index of Consumer Expectations tumbled 5.5% on a monthly basis and 10.1% on a yearly basis, coming in at 69.3. "Year-ahead inflation expectations soared from 2.8% last month to 3.3% this month. The current reading is the highest since May 2024 and is above the 2.3-3% range seen in the two years prior to the pandemic. Long-run inflation expectations rose from 3% last month to 3.2% this month, the same reading seen in November 2024," it was written in the report. post: One-year-ahead and five-year-ahead inflation expectations rose in the University of Michigan consumer survey to 3.3% and 3.2%, respectively. "Concerns over the future trajectory of inflation were visible throughout the interviews and were tied to beliefs about anticipated… pic.twitter.com/6pXGlSP5lO

The Consumer Sentiment Index in the United States rose 3.1% in December compared to the previous month to land at 74.0, according to the final report published by the University of Michigan on Friday. The figure grew by 6.2% compared to the same period last year. The Current Economic Conditions Index was up by 17.5% compared to the month prior, adding 2.5% on an annual level, to stand at 75.1. Meanwhile, the Index of Consumer Expectations saw a decline of 4.7% on a monthly basis while jumping 8.8% compared to the same period of 2023, ...

The Consumer Sentiment Index in the United States rose 1.8% in November less than expected compared to the previous month to land at 71.8, according to the final report published by the University of Michigan on Friday. The figure grew by 17.1% compared to the same period last year. The Current Economic Conditions Index saw a decline of 1.5% compared to the month prior, slumping 6.4% on an annual level, to stand at 63.9. Meanwhile, the Index of Consumer Expectations was up 3.8% on a monthly basis while jumping 35.4% compared to the ...

The Consumer Sentiment Index in the United States rose 0.6% in October compared to the month prior, to stand at 70.5, the final report published by the University of Michigan showed on Friday. The figure was 10.5% up on an annual level and came higher than the preliminary data. The Current Economic Conditions Index jumped 2.5% in the reported period compared to September and slid 8.1% compared to October 2023, landing at 64.9 points. The Index of Consumer Expectations decreased by 0.4% on a monthly basis and surged 25% on a yearly ...