NEW YORK - The University of Michigan's final June consumer sentiment index reading was 76.0, compared to the preliminary 75.5, the final May 73.6 reading, and the final April 72.2, according to market sources.
Economists polled by Thomson Reuters had predicted a 75.5 reading for the index.
The expectations index was 69.8, compared to 70.7 earlier this month, 68.8 in May and 66.5 in April.
The current conditions index was 85.6, compared to 82.9 earlier this month, 81.0 in May and 81.0 in April.
Economists polled by Thomson Reuters had predicted an 82.9 reading for the current conditions index and 70.7 for the expectations index.
The five-year inflation expectation index was 2.8%, compared to 2.8% earlier this month, 2.9% in May and 2.7% in April, while the one-year inflation expectation index was 2.8%, compared to 2.7% earlier this month, 3.2% in May and 2.9% in April.
The University of Michigan index is not released to the press, but only to paying subscribers.
