Early-month relief at the gas pump lifts sentiment off a record low, though consumers remain wary of stubborn inflation.
Consumer sentiment rose in the preliminary June 2026 reading from the University of Michigan Surveys of Consumers, as an early-month easing in gasoline prices brought relief to households, though the index remained well below year-ago levels and only modestly above last month’s record low.
The Index of Consumer Sentiment registered 48.9 in the preliminary June release, up 9.2% from 44.8 in May but 19.4% below the June 2025 reading of 60.7. May’s final reading of 44.8 had marked the lowest point
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