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Consumer sentiment deteriorates more than expected in October's initial print

Seeking Alpha ·

Seeking Alpha reports: October Consumer Sentiment: 46.3 vs. 48.0 consensus and 48.1 prior, according to preliminary data released by the University of Michigan Survey of Consumers on Friday. One-year inflation expectations: +4.7% vs. +4.6% in September. Five-year implied inflation: +3.5% vs. +3.4% prior. Current economic conditions: 44.7 vs. 50.9 prior. Consumer expectations: 47.3 vs. 46.3 prior. Developing… Check back for updates. Content provided by Seeking Alpha is intended for…

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