Get Quartz in your inbox

Free daily briefing on global business news.

Consumer sentiment has fallen to a five-month low on inflation fears

The University of Michigan index edged down to 48.0 from 48.1 in October as year-ahead inflation expectations rose to 4.7% from 4.6%

Xinhua News Agency / Getty Images

The University of Michigan reported a final October consumer sentiment reading of 48.0 on Friday, down from 48.1 in September. That is the lowest level in five months, according to Bloomberg.

The index sits 10.4% below the 53.6 recorded in October 2025 and 15% below its February level, just before the Iran conflict began, the university said.

The Current Economic Conditions index fell to 46.7 from 50.9, a drop of 8.3%. The........

© Quartz