• Hlavní
  • Analytika
  • Zprávy z trhu
  • U.S. consumer sentiment index increases more than expected in early August
Ekonomické zprávy
16.08.2024

U.S. consumer sentiment index increases more than expected in early August

A report from the University of Michigan showed on Friday that the preliminary reading for the Reuters/Michigan index of consumer sentiment increased 2.1 per cent m-o-m to 67.8 in early August. This marked the first advance in the index in five months.

Economists had predicted the indicator would rise to 66.9 this month from the July final reading of 66.4.

According to the report, the index of current economic conditions declined 2.9 per cent m-o-m to 60.9 in August, while the index of consumer expectations jumped 4.8 per cent m-o-m to 72.1.

The report also revealed that the estimates of year-ahead expected inflation held steady at 2.9 per cent early this month. The 5-year expected inflation also demonstrated no change, holding at 3.0 per cent. 

Commenting on the latest findings, Surveys of Consumers Director Joanne Hsu suggested that consumer expectations are subject to change as the presidential campaign comes into greater focus, even as consumers expect that inflation - still their top concern - will continue stabilizing.

Podívejte se také