U.S. consumer sentiment fell to 46.3 as inflation expectations reached 4.7 percent
U.S. consumer sentiment slipped again in early October.
The preliminary index fell 3.7 percent from September to 46.3 and was 13.6 percent below October 2025, the University of Michigan reported Friday. The current-conditions index dropped 12.2 percent to 44.7, while the expectations index rose 2.2 percent to 47.3.
Prices remained the pressure point. Survey director Joanne Hsu said buying conditions for durable goods fell amid high prices and borrowing costs, with steep sentiment declines among lower-income consumers and those with smaller stock portfolios.
Year-ahead inflation expectations rose to 4.7 percent from 4.6 percent. Long-run expectations increased to 3.5 percent from 3.4 percent. Both reached their highest readings since May.

