- University of Michigan inflation report for October
- University of Michigan inflation report for October
03:00 PM BST, United States - University of Michigan inflation report for October:
- Michigan 1-Year Inflation Expectations: actual 4.6%; previous 4.7%;
- Michigan 5-Year Inflation Expectations: actual 3.7%; previous 3.7%;
- Michigan Consumer Expectations: actual 51.2; forecast 51.7; previous 51.7;
- Michigan Consumer Sentiment: actual 55.0; forecast 54.1; previous 55.1;
- Michigan Current Conditions: actual 61.0; forecast 60.0; previous 60.4;
U.S. consumer sentiment was unchanged in October at 55, as better views on current finances and business conditions were offset by weaker expectations for future finances and durable purchases. Concerns over high prices and softening job prospects persisted, while the federal shutdown had little effect. Year-ahead inflation expectations eased slightly to 4.6%, with long-run expectations steady at 3.7%.
BREAKING: USDCAD slips following Canadian employment data 📌
Italian industrial production much weaker than expected 📉
Economic calendar: US consumers data from University of Michigan report in focus
BREAKING: Norwegian CPI slightly higher than expected
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.