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US Consumer Sentiment Index Rises to 49.5 in June, Beating Initial Estimate as Gas Prices Fall

2026-06-26 14:09:15

According to Jin10 Data, the University of Michigan Consumer Sentiment Index for June reached a final reading of 49.5 (initial estimate: 48.9) on June 26, rising approximately 10% from May as gasoline prices declined. Sentiment improved across all income, wealth, and political groups. Expectations for business conditions over the next five years surged 16%, suggesting consumer concerns about long-term consequences of the Iran conflict are easing. However, the index remains in an unfavorable range, down 13% from February 2026 (before the conflict) and nearly 20% compared to the year-ago period.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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