The University of Michigan Consumer Sentiment Index final reading fell to 48.0 in October, a 0.2% decrease from September.
The Current Economic Conditions Index fell 8.3% to 46.7, while the Consumer Expectations Index rose 5.4% to 48.8.
Year-ahead inflation expectations increased from 4.6% to 4.7% from September.
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By Jennifer Nash
Consumer sentiment falls in October to a five-month low. The final October reading for the University of Michigan Consumer Sentiment Index came in at 48.0. This marks a 0.2% (0.1 points) decrease from September. Consumer sentiment
