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Consumer Sentiment in U.S. Declines to Lowest in Almost a Year


Friday, 17 August 2018 21:14 WIB

Ekonomi ASConsumer Sentiment


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U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday. 

Sentiment index decreased to 95.3 (est. 98) from prior month’s 97.9; lowest since Sept., below all analyst estimates.

Current conditions gauge, which measures Americans’ perceptions of their finances, fell to 107.8 from 114.4 in July; 6.6-point drop is biggest since Aug. 2011.

Expectations measure unchanged at 87.3 .

Expected change in prices during the next year unchanged at 2.9 percent.

Source : Bloomberg


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