University of Michigan consumer sentiment index (final) for May 58.4 vs. 59.1

• Consumer sentiment index 58.4 vs. 59.1 estimate (and preliminary).
• expectations index 55.2 vs. 56.3 preliminary
• current conditions index 63.3 vs. 63.6 preliminary
• one year inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term 5.3% vs. 5.4% preliminary
• 5 year inflation 3.0% vs. 3.0% preliminary (4th month in a row at 3.0%)

The sentiment index is the lowest since 2011.

The expectations index is still above the low for the year from March at 54.3. The low for the year was the lowest expectations since October 2011 (see chart below).