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UMich June ultimate shopper sentiment 68.2 vs 65.6 prelim

  • Prelim was 65.6
  • Prior was 67.4
  • Current conditions 65.9 vs 62.5 prelim (68.8 prior)
  • Expectations 69.6 vs 67.6 prelim (66.5 prior)
  • 1-year inflation 3.0% vs 3.3% prelim
  • 5-year inflation 3.0% vs 3.0% prelim

The stock market is at the highs of the day on this in part due to the drop in these inflation expectations number, which are closing in on pre-pandemic levels.

This article was written by Adam Button at www.forexlive.com.

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