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UoM sentiments lower, inflation expectations higher

3:07 PM 13 October 2023

University of Michigan (prelims) today came in weaker than expected with surprisingly rising inflation expectations. Prelims data seems not positive - especially for stock market valuations.

  • US Consumer sentiments: 63 vs 67 exp. i 68,1 previously
  • Current conditions: 66,7 vs 70,3exp  vs 71,4 previously
  • Expectations: 60,7 vs 65,7 exp i 66 previously
  • 1-yr inflation expectations: 3,8% vs 3,2% exp i 3,2% previously
  • 5-yr inflation expectations: 3% vs 2,8% exp i 2,8% previously
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