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Friday, February 10, 2017

February 2017 US Michigan consumer sentiment flash 95.7 vs 97.9 exp

Prior 98.5
  • Current conditions 111.2 vs 110.9 exp. Prior 111.3
  • Expectations 85.7 vs 89.0 exp. Prior 90.3
  • 1 year inflation expectations 2.8% vs 2.6% prior
  • 5yr 2.5% vs 2.6% prior 

Some indication there that US consumers are starting to see the everyday effects of inflation.
2.8% has been the high since we were at 3.0% in 2015 and there's probably more than a very good chance we'll see them continuing to move up.

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