FX.co ★ US Michigan Consumer Sentiment Revised Slightly Higher

The University of Michigan’s updated consumer sentiment index for the US in June 2025 stands at 60.7, revised upwards from an initial estimate of 60.5, and showing an increase from 52.2 in May. This marks the first rise in consumer sentiment in six months, driven by widespread improvements across various sectors of the economy, with particular gains in expectations for personal finances and business conditions rising by around 20% or more. The index measuring current conditions has been significantly revised up to 64.8 from an earlier 63.7, surpassing May's 58.9. Nonetheless, consumer sentiment is still approximately 18% lower than in December 2024, reflecting ongoing concerns about an economic slowdown and the potential for rising inflation. Meanwhile, the expectations index was adjusted slightly downward to 58.1 from a preliminary 58.4, yet it remains above May’s 47.9. Expectations for inflation over the coming year have dropped significantly to 5% from last month’s 6.6%, even lower than the initial 5.1% estimate. Additionally, long-term inflation expectations have been revised downward to 4% from an initial 4.1%, compared to May’s 4.2%.