University of Michigan sentiment falls to 51.7 in August
US University of Michigan sentiment for August was 51.7 versus 51.0 estimated and 51.0 prior. Current Conditions were 51.9, Expectations 51.5. Inflation: 1-year 4.0% vs 4.4% est; 5-10 year 3.3% unchanged.
Story updates
02:06:41 PM UTC
SquawkNews
US CONSUMER EXPECTATIONS INDEX 51.5 IN AUG. FINAL VS. 55.4 IN JULY FINAL
02:06:41 PM UTC
SquawkNews
US CONSUMER 1-YEAR INFLATION EXPECTATION 4.0% IN AUG. FINAL VS. 4.2% IN JULY FINAL
02:06:45 PM UTC
SquawkNews
CORRECT: US CONSUMER SENTIMENT INDEX 51.7 IN AUG. FINAL VS. 55.2 IN JULY FINAL
02:10:39 PM UTC
SquawkNews
US Univ. Of Michigan Sentiment Aug F: 51.7 (est 51.0; prev 51.0)
Current Conditions: 51.9 (est 52.0; prev 51.8) - Expectations: 51.5 (est 51.4; prev 50.6) - 1-Year Inflation: 4.0% (est 4.4%; prev 4.3%) - 5-10 Year Inflation: 3.3% (est 3.3%; prev 3.3%)