U.S. consumer sentiment climbed to 54 from 52.9 in December, according to the University of Michigan, on slightly more upbeat views about the economy as tariff concerns fade.
Breakdown
- Consumer sentiment improves, reaching a four-month high
- Lower gasoline prices and rising stock market support optimism 5s
- Michigan sentiment index rises to 54 from 52.9 19s
- One-year inflation steady at 4.2%, five- to ten-year rises to 3.4% 36s
- Consumers do not expect further inflation increases in coming years 56s