2:05 PM · 29 July 2022

University of Michigan Consumer Sentiment revised slightly higher

The University of Michigan's consumer sentiment for the US was revised slightly higher to 51.5 in July from a preliminary of 51.1 and above record low of 50.0 in June, final estimates showed.

Further details of the publication:

consumer sentiment 51.5 vs. 51.1 estimate and 50.0 preliminary
current conditions 58.1 vs. preliminary 53.8
expectations 47.3 vs. preliminary 47.5
one year inflation 5.2% vs. preliminary 5.3%
5 year inflation 2.9% vs. preliminary 3.1%

EURUSD bounced off the session lows after release of consumer sentiment data. Source:xStation5

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