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Consumer sentiment dims in May, but not as much as expected

May 26, 2023 10:03 AM ETBy: Liz Kiesche, SA News Editor
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May University of Michigan Consumer Sentiment: 59.2 vs. 58.0 expected and 63.5 prior.

Expectations: 55.4 vs. 53.4 expected and 60.5 prior.

Current Conditions: 64.9 vs. 64.5 expected and 68.2 prior.

Year-ahead inflation expectations: +4.2% vs. +4.5% expected and +4.6% prior.

Inflation

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