US August University of Michigan Consumer Sentiment Index Preliminary at 51, vs. Expected 55 and Previous 55.2
The preliminary reading of the US August University of Michigan Consumer Sentiment Index came in at 51, lower than the expected 55 and the previous value of 55.2. Meanwhile, the 1-year Inflation Expectations preliminary reading was 4.3, higher than the expected 4.2 and the previous value of 4.2; the 5-year Inflation Expectations preliminary reading was 3.3, in line with both expectations and the previous value
The preliminary reading of the US August University of Michigan 1-year Inflation Expectations was 4.3, versus an expectation of 4.2 and a previous value of 4.2. The preliminary reading of the US August University of Michigan 5-year Inflation Expectations was 3.3, versus an expectation of 3.3 and a previous value of 3.3.
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