FOREX TradingCharts.com

Financial News: U.S. Consumer Sentiment Improves Slightly More Than Previo

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

06/27/2025 - 10:34:00 (RTTNews)

(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June.

The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.

Economists had expected the consumer sentiment index to be unrevised from the preliminary reading, which was already up sharply from 52.2 in May.

The sharp monthly increase by the headline index came as the index of consumer expectations surged to 58.1 in June from 47.9 in May, while the current economic conditions index jumped to 64.8 in May from 58.9 in June.

"The improvement was broadbased across numerous facets of the economy, with expectations for personal finances and business conditions climbing about 20% or more," said Surveys of Consumers Director Joanne Hsu.

"Despite June's gains, however, sentiment remains about 18% below December 2024, right after the election; consumer views are still broadly consistent with an economic slowdown and an increase in inflation to come."

The report also said year-ahead inflation expectations plunged to 5.0 percent in June from 6.6 percent in May, hitting a three-month low.

Long-run inflation expectations also slipped to a four-month low of 4.0 percent in June from 4.2 percent in May.

"Consumers' fears about the potential impact of tariffs on future inflation softened somewhat in June," said Hsu. "Still, inflation expectations remain above readings seen throughout the second half of 2024, reflecting widespread beliefs that risks to inflation have not fully abated."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Treasury Announces Details Of Twenty-Year Bond Auction (06 hr(s), 40 min(s), 21 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Producer Price Growth Far Exceeds Estimates In July (07 hr(s), 19 min(s), 21 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of July, ...Full Story»

Slovenia GDP Rebounds 0.7% In Q2 (07 hr(s), 35 min(s), 21 sec(s) ago)
(RTTNews) - Slovenia's economy expanded in the second quarter after a renewed contraction in ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000 (07 hr(s), 51 min(s), 21 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a modest decre ...Full Story»

UK GDP Rises More Than Expected (08 hr(s), 32 min(s), 21 sec(s) ago)
(RTTNews) - The UK economy expanded more than expected in the second quarter but the overall growt ...Full Story»

Croatian Inflation Confirmed At 4.1% (08 hr(s), 57 min(s), 21 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia accelerated as initially estimated in July to its ...Full Story»

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings (09 hr(s), 07 min(s), 21 sec(s) ago)
(RTTNews) - S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buo ...Full Story»

U.S. Producer Prices Jump Much More Than Expected In July (09 hr(s), 18 min(s), 21 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of July, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Treasury Announces Details Of Twenty-Year Bond Auction

08/14/2025 - 11:19 AM (RTTNews)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story>>

U.S. Producer Price Growth Far Exceeds Estimates In July

08/14/2025 - 10:40 AM (RTTNews)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of July, ...Full Story>>

Slovenia GDP Rebounds 0.7% In Q2

08/14/2025 - 10:24 AM (RTTNews)
(RTTNews) - Slovenia's economy expanded in the second quarter after a renewed contraction in ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

08/14/2025 - 10:08 AM (RTTNews)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a modest decre ...Full Story>>

UK GDP Rises More Than Expected

08/14/2025 - 09:27 AM (RTTNews)
(RTTNews) - The UK economy expanded more than expected in the second quarter but the overall growt ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.