U.S. consumer sentiment fell 1.1 points to 97.5 in the final November print
U.S. consumer sentiment fell 1.1 points to 97.5 in the final November print (98.3 preliminary November) from the University of Michigan survey, following the 1.5 decline to 98.6 in October. It is a third straight monthly decline and is the lowest since August. It was 98.5 a year ago. The 101.4 reading from March was a 14-year high. The current conditions index declined to 112.3 in November (113.2 preliminary) from 113.1 in October. The expectations index slipped to 88.1 in November (88.7 preliminary) from 89.3 in October. The 12-month inflation index slowed fractionally to 2.8% (2.8% preliminary) versus October's 2.9%. But the 5-year price gauge accelerated to 2.6% in November (2.6% preliminary) from 2.4% in October.