Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of October.
The report said the consumer sentiment index for October was upwardly revised to 63.8 from the preliminary estimate of 63.0.
The upward revision surprised economists, who had expected the reading to be unrevised, although the index is still down sharply from 67.9 in September.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.