U.S. inflation expectations decline more than analysts expected
The preliminary consumer confidence index for December from the University of Michigan in the United States is 53.3, higher than the expected 52 and the previous value of 51. The one-year inflation expectation preliminary value is 4.1%, lower than the expected 4.5% and the previous value of 4.5%. The five-year inflation expectation preliminary value is 3.2%, lower than the expected 3.4% and the previous value of 3.4%
The preliminary value of the University of Michigan Consumer Confidence Index for December in the United States is 53.3, expected 52, previous value 51. The preliminary value of the University of Michigan 1-year inflation expectation for December in the United States is 4.1%, expected 4.5%, previous value 4.5%. The preliminary value of the University of Michigan 5-year inflation expectation for December in the United States is 3.2%, expected 3.4%, previous value 3.4%.
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