Updated: 26-Jun-26 10:17 ET
Highlights
- The final reading for the University of Michigan Consumer Sentiment Index for June increased to 49.5 (Briefing.com consensus: 48.9) from the preliminary reading of 48.9.
- In the same period a year ago, the index stood at 60.7.
- The Current Economic Conditions Index dipped to 47.7 from the preliminary reading of 48.4. The final reading for May was 45.8. In the same period a year ago, the index stood at 64.8.
- The Index of Consumer Expectations jumped to 50.7 from the preliminary reading of 49.3. The final reading for May was 44.1. In the same period a year ago, the index stood at 58.1.
- Year-ahead inflation expectations held steady with the preliminary reading at 4.6%. The final reading for May was 4.8%.
- Long-run inflation expectations dipped to 3.3% from the preliminary reading of 3.4%. The final reading for May was 3.9%.
- The key takeaway from the report is that sentiment was boosted by the moderation in gas prices; however, the higher cost of living in general remains a burden, as sentiment is still 13% below the level it stood at in February prior to the start of the Iran War and almost 20% less than the prior year period.
| Category | JUN | MAY | APR | MAR | FEB |
| Sentiment | 49.5 | 44.8 | 49.8 | 53.3 | 56.6 |
| Outlook | 50.7 | 44.1 | 48.1 | 51.7 | 56.6 |
| Present conditions | 47.7 | 45.8 | 52.5 | 55.8 | 56.6 |
