UM consumer sentiment index soars in January


By Xu Jing

CHICAGO, Feb. 2 (Xinhua) -- The Consumer Sentiment Index released Friday by the University of Michigan (UM) Surveys of Consumers rose to 79.0 in the January 2024 survey, up from 69.7 in December and above the 64.9 in January 2023.

The Current Index rose to 81.9, up from 73.3 in December and above last January's 68.5. The Expectations Index rose to 77.1, up from 67.4 in December and above the previous January's 62.6.

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