U.S. February Michigan University 1-Year Inflation Expectations Hit 13-Month Low
The preliminary consumer confidence index for February from the University of Michigan in the United States is 57.3, exceeding the expected 55, and the previous value was 56.4. The preliminary current conditions index is 58.3, with an expectation of 53.7, and the previous value was 55.4. The preliminary 1-year inflation expectation is 3.5%, lower than the expected 4% and the previous value of 4%. The preliminary 5-year inflation expectation is 3.4%, slightly higher than the expected 3.3% and the previous value of 3.3%
The preliminary value of the University of Michigan Consumer Confidence Index for February in the United States is 57.3, expected 55, previous value 56.4. The preliminary value of the University of Michigan Consumer Current Conditions Index for February in the United States is 58.3, expected 53.7, previous value 55.4. The preliminary value of the University of Michigan 1-year inflation expectation for February in the United States is 3.5%, expected 4%, previous value 4%. The preliminary value of the University of Michigan 5-year inflation expectation for February in the United States is 3.4%, expected 3.3%, previous value 3.3%.
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