June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

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June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

• Prior was 67.4
• Current conditions 62.5 vs 68.8 prior
• Expectations 67.6 vs 66.5 prior
• 1-year inflation 3.3% vs 3.5% prior
• 5 year inflation 3.1% vs 3.1% prior

This isn't a great indicator and is often political but it wasn't just Republican, as Democratic sentiment fell to 86.4 from 90.8 last month and 100.2 the month before and is the lowest since November.

                This article was written by Adam Button at www.forexlive.com.

Source: June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

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