UoM Consumer Sentiment survey beats estimates

Economies.com
2018-12-07 15:17PM UTC

The University of Michigan released its consumer sentiment survey, which came at 97.5, same as November and beating estimates of 97.5. 

 

As of 03:13 GMT, the dollar index shed 0.11% to 96.70, with an intraday low at 96.53, and a high at 96.92. 

 

The current conditions gauge rose to 115.2 from 112.3, while economic outlook receded to 86.1 from 88.1. 

 

One-year inflation outlook receded to 2.7% from 2.8%, while five-year inflation fell to 2.4% from 2.6%. 

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