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Monday, June 21, 2021

US UMich final April consumer sentiment 88.3 vs 87.5 expected

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Consumer sentiment data from the University of Michigan

  • Prelim was 86.5
  • Current conditions 97.2 vs 97.6 expected
  • Prelim current conditions 97.2 prior
  • Expectations 82.7 vs 81.0 expected
  • Prelim expectations 79.7
  • 1-year inflation 3.4% vs 3.7% prelim
  • 5-10 year inflation 2.7% vs 2.7% prelim

The final report isn’t often a market mover but the rise in expectations is good.

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