Highlights of the first look at July consumer sentiment
- Prior was 85.5
- Current conditions 84.5 vs 91.4 exp (88.6 prior)
- Expectations 78.4 vs 85.0 exp (83.5 prior)
- 1-year inflation 4.8% vs 4.2% prior
- 5-10 year inflation 2.9% vs 2.8% prior
This indicator is struggling to get anywhere near pre-pandemic levels.