NEW YORK - The University of Michigan's final June consumer sentiment index reading was 73.2, compared to the final May 79.3 and the preliminary June 74.1, according to market sources.
The expectations index was 67.8, compared to 74.3 in May, and 71.7 earlier in May.
The current conditions index was 81.5, compared to 87.2 in May, and 87.3 earlier in May.
Economists polled by Thomson Reuters had predicted a 74.1 reading for the main index, 82.1 for current conditions and 69.0 for expectations.
The five-year inflation expectation index was 2.8%, compared to 2.7% in May, and 2.9% in April, while the one-year inflation expectation index was 3.1%, compared to 3.0% in May, and 3.2% in April.
The University of Michigan index is not released to the press, but only to paying subscribers.