The University of Michigan's final October consumer sentiment index reading was 100.6, compared to the preliminary October 101.1, and the final September 95.1, according to market sources.

The expectations index was 90.5, compared to the preliminary October 91.3, and the final September 84.4.

The current conditions index was 116.4, compared to the preliminary October 116.4, and the final September 111.7.

Economists polled by IFR Markets had predicted a 100.8 reading for the main index, 91.2 for expectations and 116.1 for current conditions.

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

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

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

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