The University of Michigan's final January consumer sentiment index reading was 95.7, compared to the preliminary January 94.4, and the final December 95.9, according to market sources.

The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report.
The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report. Bloomberg News

The expectations index was 86.3, compared to the preliminary January 84.8, and the final December 84.3.

The current conditions index was 110.5, compared to the preliminary January 109.2, and the final December 113.8.

Economists polled by IFR Markets had predicted a 95.0 reading for the main index.

The five-year inflation expectation index was 2.5%, compared to 2.4% in December, while the one-year inflation expectation index was 2.7%, compared to 2.7% in December.

The University of Michigan index is not released to the press, but only to paying subscribers.

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