American consumers became more optimistic

The consumer sentiment index of the University of Michigan has improved in September. The middle month index jumped to 70.2 points, after the 65.7 points, measured at the end of August. Analysts expected 67.5 points.

The data shows, that consumers expected the economic recovery, despite they still see major problems in their own financial situation.
The one-year inflation expectations, are on the lowest level since March. It is 2.6 percent in after the 2.8 percent, that was measured in August. According to analysts; the better than expected data can put a positive impact on the markets, but it is unlikely, that this will be permanent – reports Origo.