PARIS (Reuters) – American household morale rose above the initially estimated figure in September, the final results of the monthly survey from the University of Michigan showed on Friday.
Its confidence index stands at 68.1 this month after 69.5 in August. Economists and analysts polled by Reuters on average forecast a figure of 67.7, as in the first estimate.
The component of consumers’ judgment of their current situation came to 71.4, after 69.8 in the first estimate and 75.7 the previous month.
That of the outlook stood at 66.0 compared to 66.3 in the first estimate and 65.5 previously.
Inflation expectations for one year came to 3.2% compared to 3.1% in the first estimate, while those for a five-year horizon rose from 2.7% to 2.8%.
(Written by Claude Chendjou, edited by Blandine Hénault)
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