- Prior was 68.1
- Current conditions 66.7 vs 70.4 expected (71.4 prior)
- Expectations 60.7 vs 65.5 expected (66.0 prior)
- 1-year inflation 3.8% vs 3.2% prior
- 5-10 year 3.0% vs 2.8% prior
I don’t like this survey and this rise is likely due to higher gasoline prices (before the recent fall) but the market isn’t going to like any of this.
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- Source: https://www.forexlive.com/news/us-october-prelim-umich-consumer-sentiment-630-vs-672-expected-20231013/