The University of Michigan's final June consumer sentiment index reading was 98.2, compared to the preliminary June 99.3 and the final May 98.0, according to market sources.

The expectations index was 86.3 compared to the preliminary June 87.4 and the final May 89.1.

The current conditions index was 116.5, compared to the preliminary June 117.9 and the final May 111.8.

The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report.
The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report. Bloomberg News

Economists polled by IFR Markets had predicted a 99.3 reading for the main index.

The five-year inflation expectation index was 2.6%, compared to 2.5% in May, while the one-year inflation expectation index was 3.0%, compared to 2.8% in May.

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

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