UM consumer sentiment index falls in August

CHICAGO, Sept. 29 (Xinhua) -- The Consumer Sentiment Index released Friday by the University of Michigan (UM) Surveys of Consumers fell to 68.1 in the September 2023 survey, down from 69.5 in August but above last September's 58.6.

The Current Index fell to 71.4, down from 75.7 in August but above last September's 59.7. The Expectations Index rose to 66.0, up from 65.5 in August and above last September's 58.0.