Consumer sentiment in the United States improved in February

Instead of the deterioration expected by analysts, consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan.

According to preliminary data released on Friday, the consumer sentiment index increased to 100.9 points from the 99.8 points of January. Analysts expected a slightly worsening index of 99.5 points in February.

Among the sub-indices, the consumer expectations indicator for the next six months jumped from 90.5 points to 92.6 points, while the value of the sub-index reflecting the current situation weakened from 114.4 points to 113.8 points. (MTI)