US: UoM Consumer Sentiment Index Improves to 81.8 in October

The Consumer Sentiment Index in the US rose from 80.4 in September 81.8 (final) in October, the University of Michigan’s latest Surveys of Consumers showed on Friday. This reading came in better than the market expectation and the previous estimate of 81.2.

Further details of the publication revealed that the Current Economic Conditions Index edged lower to 85.9 from 87.8 and the Index of Consumer Expectations improved to 79.2 from 75.6.