June 2016 US Michigan consumer sentiment final 93.5 vs 94.0 exp

24 June 2016, 17:50
Sherif Hasan
0
18

Details of the June 2016 US Michigan consumer sentiment final report 24 June 2016

  • Flash 94.3. May 94.7
  • Current conditions 110.8 vs 111.4 exp. Flash 111.7. Prior 109.9
  • Expectations 82.4 vs 83.1 exp. Flash 83.2. Prior 84.9
  • 1yr inflation exp 2.6% vs 2.4% flash/prior
  • 5yr 2.6% vs 2.3% flash. Prior 2.5%

Nothing major in the final numbers. A touch softer. The pick up in inflation expectations will be welcome by the Fed.

Michigan's Curtin says;

  • We should expect some Brexit impact on sentiment
  • Consumers expect US jobs growth to ease


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