US Feb UMich prelim consumer sentiment 76.2 vs 80.9 expected


February US consumer sentiment data

  • Final January reading was 79.0
  • Current conditions 89.0 vs 89.0 expected (86.7 prior)
  • Expectations 76.0 vs 76.0 expected (74.0 prior)
  • One year inflation expectations +3.3% vs +3.0% prior
  • 5-10 year inflation expectations +2.7% vs 2.7% prior

One year inflation expectations match the highest since 2012 but also note how price rise expectations coming out of the financial crisis also jumped and that feared inflation never materialized.

US Feb UMich prelim consumer sentiment

 
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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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