Edges until November consumer sentiment

NEW YORK--U.S. consumer sentiment increased more than expected at the beginning of November and hit its best level since June, helped by a little better economic prospects and sales start of holiday, a survey showed on Friday.

The Thomson Reuters/University of Michigan read the feelings of consumers come to 69.3, preliminary November 67.7 in October and slightly higher than the median Reuters forecast 69.0.

Playback on the overall index was just above average four months, but the high 68.2 started 76.0 in June, according to the report.

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"The slight improvement in sentiment suggests that spending will continue to close of rhythm through Christmas, which is better than expected there are still a few mois.Mais it wasn't enough to ébrécher materials in the unemployment rate,"said Christopher Low, Chief Economist at FTN Financial in New York."."

Unemployment was 9.6% in October, according to the latest report to government jobs.

One-year inflation expectations measure of inquiry also acquired sense, borders up to 3.0% of 2.7 per cent last month and reached its highest level since May.

"The increase was due to many consumers least not anticipating any inflation at all the", Director of the investigation, Richard Curtin, said in a statement.

The barometer of the current economic situation is passed to 79.7 76.6, October reading also above an estimate of 77 0.Comme sense reading, the highest level since June.

In October, a gauge of consumer expectations is passed to 62.7 61, 9.Mais as a prediction of 63.5.

U.s. markets showed little reaction to data, with the reference standard & Poor 500 index decreased by 1.0% due to a slide in stocks of natural resources.

However, stocks are rallied from end of August and S & P is up to 15 per cent since close 31 ao?t.Attentes of the stimulatory economic of the Federal Reserve announced last week, moving support has contributed to the increase.

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