Indicators
US Consumer Sentiment Is Improving, Michigan Report Shows
- University of Michigan sentiment index rose to 64.4 in June
- One-year inflation views matched 3.3% preliminary reading
This article is for subscribers only.
US consumer sentiment continued to improve through the end of June, while short-term inflation expectations held at a more than two-year low.
The University of Michigan’s consumer sentiment index climbed to 64.4 from a preliminary reading of 63.9, according to the final June reading out Friday. That marked a rebound from a May slump.