US Consumer Sentiment At 93.1 in July


The University of Michigan's final reading on the overall index of consumer sentiment came in at 93.1 in July, lower than a preliminary reading of 93.3 and a final 96.1 in June.

The barometer of current economic conditions increased to 107.2 from a preliminary 106. In June, the figure was 108.9.

The gauge of consumer expectations declined to 84.1 from a preliminary 85.2 and a final 87.8 in the previous month.

Americans expect the inflation rate in the next year will rise to 2.8 percent, higher than a preliminary reading of 2.7 percent and compared to 2.7 percent in June. Over the next 5 to 10 years, they expect consumer prices to rise 2.8 percent, compared with a preliminary reading of 2.7 percent and a final figure of 2.6 percent in June.

US Consumer Sentiment At 93.1 in July


Anna Fedec | anna@tradingeconomics.com
7/31/2015 3:06:22 PM