UM Consumer Sentiment Index rises in December

CHICAGO, Dec. 23 (Xinhua) -- The University of Michigan (UM) Surveys of Consumers on Wednesday reported the Consumer Sentiment Index at 80.7 in December, up from 76.9 in November but below last December's 99.3.

Meanwhile, the Expectations Index was 74.6 in December, up from 70.5 in November but below last year's 88.9. The Current Conditions Index rose to 90.0 in December, between November's 87.0 and last year's 115.5.