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US: UoM Consumer Sentiment Index recovers to 78.9 in June vs. 75 expected

From fxstreet.com

The Consumer Sentiment Index in the US edged higher to 78.9 in June (preliminary) from 72.3 in May, the University of Michigan's latest Surveys of Consumers showed on Friday. This reading came in better than the market expectation of 75. Further details of the publication showed that the Current Economic Conditions Index rose to 87.8 from 82.3 and the Index of Consumer Expectations edged higher to 73.1 from 65.9. "Consumer sentiment posted its second monthly gain in early June, paced by gains in the outlook for personal finances and more favorable prospects for the national economy due to the reopening of the ... (full story)

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