US Consumer Sentiment Rises as Inflation Expectations Improve
Shoppers in San Francisco in June.
Photographer: David Paul Morris/BloombergUS consumer sentiment rose to a five-month high in early July as expectations about the economy and inflation continued to improve.
The preliminary July sentiment index rose to 61.8 from 60.7 a month earlier, according to University of Michigan data released Friday. The figure still remains below levels seen throughout last year.