USA UMich Sentiment Rises Inflation Expectations Fall

The University of Michigan's June sentiment index increased to 48.9, topping expectations as gasoline price easing provided some consumer relief. Inflation expectations for both the 1-year and 5-10-year horizons trended downward.

Key Takeaways

• 1.Consumer sentiment rose in June, exceeding expectations.
• 2.Both 1-year and 5-10-year inflation expectations declined significantly.

Table of Contents

• BOTTOM LINE
• US MAP
• KEY NUMBERS
• MAIN POINTS