The preliminary University of Michigan Consumer Sentiment Index came in at 48.9, compared with a forecast of 46.0 and a previous reading of 44.8.
- Consumer sentiment increased by approximately 4 index points, or 9%, this month.
- The improvement was partly driven by lower gasoline prices at the beginning of the month.
- Sentiment gains were broad-based, with improvements observed across age, education, and political groups.
- Lower-income consumers recorded particularly strong gains in sentiment, reflecting the larger share of fuel costs in their household budgets.
- Assessments of personal finances, financial expectations, and business conditions all improved during the month.
- Despite the rebound, sentiment remains weak, standing 13% below January 2026 levels and 19% lower than a year ago.
- Consumers continue to focus on everyday cost-of-living pressures and remain concerned about elevated inflation.
- One-year inflation expectations eased from 4.8% in May to 4.6% in June, although they remain elevated.
- Long-run inflation expectations declined from 3.9% to 3.4%, remaining above the 2.8%–3.2% range observed throughout 2024.
- Interviews for the survey were conducted between May 19 and June 8.
USDIDX (M5 timeframe)
Source: xStation 5
Wall Street Rebounds as Oil Prices Fall 📈 Adobe Shares Drop 8% After Earnings
SpaceX set to surge in stock market debut
French luxury companies and banks gain as the inflation rises
UK GDP Contracted and the Pound is Up? 🇬🇧 💷
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
