Category: prelim
-
US October UMich prelim consumer sentiment 68.9 vs 70.8 expected
•
The final reading for September was 70.1 Current conditions 62.7 vs. 64.3 expected (previous 63.3) Expectations: 72.9 vs. 75.0 expected (previous 74.4) One-year inflation: 2.9% vs. 2.7% previously 5-year inflation 3.0% vs. 3.1% previously I do not attach much importance to this report because it is highly politicized and we…
-
UK September final services PMI 52.4 vs 52.8 prelim
•
Final Services PMI 52.4 versus 52.8 expected and 53.7 previous. Final Composite PMI 52.6 vs. 52.9 expected and 53.8 previous. Key findings: Business activity growth fell to a three-month low in September. Strong order books support a positive business outlook for next year. Inflation rates slow for the third month…
-
US August prelim UMich consumer sentiment 67.8 vs 66.9 expected
•
The final score for July was 66.4. Current conditions 60.9 vs. 62.7 previously Expectations 72.1 vs. previous 68.8 Inflation over one year 2.9% vs. 2.9% in the previous year Inflation over 5-10 years 3.0% vs. 3.0% previously Overall, expectations for both personal finances and the economic outlook over the next…
-
University of Michigan consumer sentiment for July 66.4 versus 66.0 estimate (and prelim)
•
Previous month 68.2 Current status 62.7 vs. 64.1 initially and 65.9 last month. Expectations: 68.8 vs. 67.2 initially and 69.6 last month One-year inflation expectations: 2.9% vs. 2.9% initially and 3.0% last month. 5-year inflation forecast 3.0% vs. 2.9% initially and 3.0% last month Mix of details compared to the…
-
UK June final manufacturing PMI 50.9 vs 51.4 prelim
•
It’s a slight downward revision from the flash reading but still reaffirms marginal growth in the UK manufacturing sector. Both output and new orders continued to expand for the second month running. However, price pressures remain stubborn with input cost inflation hitting a 17-month high. This is a worrying sign…