The University of Michigan’s consumer sentiment index for the US was revised higher to 60.7 in June 2025 from a preliminary of 60.5, compared to 52.2 in May. Consumer sentiment rose for the first time in six months, led by a broad based improvement across numerous facets of the economy, with expectations for personal finances and business conditions climbing about 20% or more. The current conditions index was revised sharply higher to 64.8 from a preliminary of 63.7 and above 58.9 in May. However, sentiment remains about 18% below December 2024 as consumer views are still broadly consistent with an economic slowdown and an increase in inflation to come. The expectations gauge was revised lower to 58.1 from a preliminary of 58.4, and 47.9 in May. Year-ahead inflation expectations plummeted to 5% from 6.6% last month, even lower than 5.1% in the preliminary estimate. Long-run inflation expectations were also revised down to 4% from a preliminary of 4.1% and compared to 4.2% in May
