Final July U. of Mich. Index at 93.1 vs. 96.1 in June

The University of Michigan's final July consumer sentiment index reading was 93.1, compared to the preliminary July 93.3, the final June 96.1, and the preliminary June 94.6, according to market sources.

The expectations index was 84.1, compared to the preliminary July 85.2, the final June 87.8, and the preliminary June 86.8.

The current conditions index was 107.2, compared to the preliminary July 106.0, the final June 108.9, and the preliminary June 106.8.

Economists polled by Thomson Reuters had predicted a 94.0 reading for the main index, 106.3 for current conditions, and 86.0 for expectations.

The five-year inflation expectation index was 2.8%, compared to 2.6% in June, while the one-year inflation expectation index was 2.8%, compared to 2.7% in June.

The University of Michigan index is not released to the press, but only to paying subscribers.

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