US U of Michigan consumer sentiment surged to 72.6, inflation expectation ticked up

<p>US U of Michigan Consumer Sentiment index jumped from 64.4 to 72.6 in July, well above expectation of 65.5, that’s also the highest level since September 2021. Current Economic Conditions rose from 69.0 to 77.5. Consumer Expectations Index also surged from 61.5 to 69.4. “As seen in the chart, sentiment is now about halfway between […]</p>
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