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June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

2024-12-30FOREXLIVEFOREXLIVE
The June 2024 UMich June preliminary consumer sentiment reading
UMich consumer sentiment
UMich consumer sentiment
  • Prior was 67.4
  • Current conditions 62.5 vs 68.8 prior
  • Expectations 67.6 vs 66.5 prior
  • 1-year inflation 3.3% vs 3.5% prior
  • 5 year inflation 3.1% vs 3.1% prior

This isn't a great indicator and is often political but it wasn't just Republican, as Democratic sentiment fell to 86.4 from 90.8 last month and 100.2 the month before and is the lowest since November.

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