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Consumer sentiment rises in January
Youtube· 2026-01-23 15:36
Group 1 - The University of Michigan consumer sentiment index reported a headline figure of 56.4%, significantly higher than the expected 54, marking the best level since August of the previous year [1] - Current conditions index stands at 55.4%, also exceeding expectations of around 52, indicating improved consumer sentiment [1] - Expectations index reached 57, two points higher than anticipated and the best since July of last year [2] Group 2 - One-year inflation rate is reported at 4.0%, down from 4.2%, representing the lowest level since January of the previous year [3] - The five to ten-year inflation outlook is at 3.3%, slightly below expectations and the lowest since December of last year when it was 3.2% [3] - Leading economic indicators for October and November are anticipated but have not yet been released [3]