Consumer Sentiment Rises to Six-Month High in December on Cooling Inflation Views
- Consumer sentiment rose to 69.4 in December, the highest since August
- Inflation expectations cooled - consumers think inflation will average 3.1% over the next year
- Gauge of current conditions jumped to 74 from 68.3
- Barometer of future expectations rose to 66.4 from 56.8
- Sentiment still remains well below pre-pandemic levels despite the gains