Consumer sentiment ticked higher in August, rising for the first time in five months.
released Friday showed sentiment ticked higher in August. The index reading for the month came in at 67.8, up from 66.4 in July and above the 66.9 economists had expected. It was the highest reading of consumer sentiment since June.
According to the Michigan survey, inflation expectations were unchanged in August, with consumers expecting inflation at 2.9% over the next year and 3% over the next five to 10 years. Consumers' expectation of inflation over the next year remains at its lowest level since December 2020. ‘We’re thrilled to be able to raise a glass to this extraordinary season of television,’ The Levys said in a statementThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 67.8 this month, compared to a final reading of 66.4 in July. The survey noted that for consumers surveyed, sentiment for Democrats jumped 6% in the wake of Vice President Kamala Harris replacing President Joe Biden as the Democratic nominee for president.
Girl, 13, died after hot chocolate at Costa Coffee due to 'failures to follow processes to discuss allergies'LONDON — Irish police said Friday they were investigating a potential terrorism motive in an attack on a chaplain at an army barracks in County Galway.
Michigan Survey University Of Michigan Inflation Expectations
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