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TechFlow news: The final reading of the University of Michigan consumer sentiment index in the US for August was 67.9, compared to an expected 68 and a previous value of 67.8.
The final value of the US one-year inflation expectation rate for August was recorded at 2.8%, the lowest level since 2020. The expected figure was 2.9%, with a prior value of 2.90%.
The final reading of the University of Michigan Consumer Sentiment Index for August in the U.S. was 67.9, compared to an expected 68.0 and a previous value of 67.8. The final one-year inflation expectation for August in the U.S. stood at 2.8%, the lowest level since 2020, versus an expected 2.9% and a prior value of 2.90%.
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