Consumer sentiment turns glummer in November, inflation expectations tick up

Nov. 11, 2022 10:02 AM ETBy: Liz Kiesche, SA News Editor3 Comments

Smiley Faces Icons Isolated

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  • November University of Michigan Consumer Sentiment: 54.7 vs. 59.6 consensus and 59.9 in October.
  • Expectations: 52.7 vs. 56.2 prior.
  • Current conditions: 57.8 vs. 65.6 prior.
  • Year-ahead inflation expectations: 5.1% vs. 5.0% previously.
  • Five-year inflation expectations: 3.0% vs. 2.90% previously.

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