A measure of consumer sentiment on the economy rose in January to the highest level in nine months. The final reading of the consumer sentiment survey this month was 99.
8, up from an initial 99.1. The index came in at 99.3 in December. The sentiment index is not far from its recent peak of 101.4 in early 2018. The report is produced by the University Michigan.
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U.K. consumer confidence rises ahead of Brexit dayBritish consumer confidence picked up in January as the nation's public grew more optimistic about the course of the economy on the eve of the U.K.'s departure from the European Union. An index of consumer confidence gathered by market-research firm GfK rose two points to minus nine in January. That marked the first time the measure has risen for two consecutive months since September 2017, as consumer confidence languished during an extended period of uncertainty surrounding Brexit.
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