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US CONSUMER SENTIMENT IMPROVES IN JUNE, CONCERNS OF HIGH COST OF LIVING REMAIN

  • NEWS Desk Global
  • Jun 26
  • 1 min read

U.S. consumer sentiment rebounded from record lows in June, though households ​remained worried about the high cost of ‌living, a survey showed on Friday.

The University of Michigan's Surveys of Consumers said its Consumer ​Sentiment Index increased to a final reading ​of 49.5 this month from 44.8 in ⁠May. It was a slight improvement ​from 48.9 earlier this month.

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