Keeping you up to date on the latest data releases.
- Consumer Sentiment
The University of Michigan’s Index of Consumer Sentiment was revised up in November from 69.3 to 71.6, its highest level since June. The current conditions component was revised up from 79.7 to 82.1 in November, while the expectations component was also revised up from 62.7 to 64.8, but is little changed over the past five months. One-year-ahead average inflation expectations were revised up by 0.1 percentage point to 3.7 percent in November, an increase of 0.4 percentage points from October. Longer-term (5-10 year-ahead) expectations were unchanged during the revision at 3.2 percent in November.