Consumer Sentiment in U.S. Rose in January to Seven-Month High
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Consumer confidence rose in January to the highest level in seven months as low inflation helped support households, whose outlook for wage gains remained subdued.
The University of Michigan’s preliminary sentiment index climbed to 93.3, the highest since June, from 92.6 in December. The median projection in a Bloomberg survey called for 92.9. The gauge averaged 92.9 last year, the best annual performance since