Consumer sentiment in the United States deteriorated slightly in January

Consumer sentiment in the United States slightly worsened in January, according to a standard monthly survey by the University of Michigan.

According to preliminary data released on Friday, the consumer sentiment index dropped to 99.1 from 99.3 in December. Analysts expected unchanged value.

Among the sub-indices, the consumer expectations indicator for the next six months dropped from 88.9 points to 88.3 points, while the value of the sub-index reflecting the current situation increased from 115.5 points to 115.8 points. (MTI)