Consumer Sentiment Unexpectedly Rises in November’s Initial Print

November Consumer Sentiment: 51.0 vs. 47.5 consensus and 48.0 prior, according to preliminary data released by the University of Michigan Survey of Consumers on Friday. One-year inflation expectations: +4.3% vs. +4.7% in October Five-year implied inflation: +3.4% vs

November Consumer Sentiment: 51.0 vs. 47.5 consensus and 48.0 prior, according to preliminary data released by the University of Michigan Survey of Consumers on Friday.

One-year inflation expectations: +4.3% vs. +4.7% in October

Five-year implied inflation: +3.4% vs. +3.5% prior. Current economic conditions: 51.0 vs. 46.7 prior. Consumer expectations: 50.9 vs. 48.8 prior.

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