UM consumer sentiment index rises in December

CHICAGO, Dec. 23 (Xinhua) -- The Consumer Sentiment Index released Friday by the University of Michigan (UM) Surveys of Consumers rose to 59.7 in the December 2022 survey, up from 56.8 in November but below last December's 70.6.

The Current Index rose to 59.4, up from 58.8 in November and below last December's 74.2. The Expectations Index rose to 59.9, up from 55.6 in November and below last December's 68.3.