Friday, January 23, 2026 at 3:29 PM
Consumers felt a bit better about the economy in January as sentiment lifted off from near-historical lows reached late last year, according to the University of Michigan’s monthly survey.
Consumer sentiment rose slightly in January, though confidence over the U.K.’s economic outlook remains subdued.
The monthly survey’s primary index dropped from 94.2 in December to 84.5 in January as the economic mood worsened across ages and income levels.
Average asking prices rose 2.8%, according to Rightmove data, suggesting market sentiment is rebounding following the volatility sparked by the U.K. budget.
Confidence in the economy rose this month to its highest level in four-and-a-half years following a pickup in the country’s industrial sector.
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