US consumer confidence improves in October

WASHINGTON, Oct ‌27 (Reuters) - US ​consumer ​confidence improved in October amid an easing ‌in gasoline prices, though frustration ⁠with the rising cost of ‌living persisted, a survey ‌showed on Tuesday.

The Conference Board said its consumer confidence ​index increased to 91.7 this month from an upwardly ⁠revised 84.2 in September. Economists polled by ​Reuters had forecast the index at 81 following a ​previously reported 81.9 ‌reading in September.

"The recovery was in line ⁠with retail gasoline prices easing from September to October," said ⁠Fergus McCormick, senior economist, global indicators at ​the Conference Board. "Among write-in responses in October, consumers continued to express ‌frustration with rising costs. References to prices, the ‌high cost of food ⁠and groceries, and ‌oil and ​diesel prices rose."

(Reporting Lucia Mutikani; Editing by Chizu ‌Nomiyama)

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