USA: Drop in household morale in January- Michigan, Market news

Jan 28 (Reuters) – U.S. household sentiment fell more than expected in January, final results from the University of Michigan’s monthly survey showed on Friday.

Its confidence index fell to 67.2 from 70.6 in December, while the Reuters consensus was expecting a figure of 68.7. In the first estimate, the index came out at 68.8.

The component of consumers’ judgment of their current situation fell to 72.0 after 74.2 the previous month and 73.2 in the first estimate.

That of the outlook fell to 64.1 from 68.3 in December. (French version Laetitia Volga, edited by Sophie Louet)

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