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US Consumer Sentiment Slips to Five-Month Low on Inflation

Bloomberg Markets Friday 23 October 2026, 16:20 UTC 1 min read
Key Points

Oct 23rd, 2026 US Consumer Sentiment Slips to Five-Month Low on Inflation 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.

Oct 23rd, 2026 US Consumer Sentiment Slips to Five-Month Low on Inflation 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. Joanne Hsu, University of Michigan Surveys of Consumers Director joins to discuss.
US (LOCATION) US Consumer Sentiment Slips (EVENT) The University of Michigan’s (ORG) Bloomberg (ORG) Joanne Hsu (PERSON) University of Michigan Surveys of Consumers (ORG)
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