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US Consumer Sentiment Slips to Five-Month Low on Inflation Woes

Bloomberg Markets Friday 23 October 2026, 14:00 UTC By Jeffrey Sparshott and Maria Paula Mijares Torres 1 min read
Key Points

Indicators US Consumer Sentiment Slips to Five-Month Low on Inflation Woes US consumer sentiment edged down to a five-month low in October as high prices and rising interest rates depressed morale. The University of Michigan’s final sentiment index eased to 48 from 48.1 in September, according to the survey released Friday. Even so, that was an improvement from the preliminary reading and topped all estimates in a Bloomberg survey of economists.

Indicators US Consumer Sentiment Slips to Five-Month Low on Inflation Woes US consumer sentiment edged down to a five-month low in October as high prices and rising interest rates depressed morale. The University of Michigan’s final sentiment index eased to 48 from 48.1 in September, according to the survey released Friday. Even so, that was an improvement from the preliminary reading and topped all estimates in a Bloomberg survey of economists.
US (LOCATION) The University of Michigan’s (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

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