03:00 PM BST, United States - University of Michigan inflation report for November:
- Michigan Consumer Sentiment: actual 51.0; forecast 50.3; previous 53.6;
- Michigan Current Conditions: actual 51.1; forecast 52.3; previous 58.6;
- Michigan Consumer Expectations: actual 51.0; forecast 49.0; previous 50.3;
- Michigan 5-Year Inflation Expectations: actual 3.4%; forecast 3.6%; previous 3.9%;
- Michigan 1-Year Inflation Expectations: actual 4.5%; forecast 4.7%; previous 4.6%;
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The Michigan Sentiment Index highlights concerns about a short-term spike in U.S. inflation๐ก