The consumer confidence index in the United States has slightly improved, but inflation expectations remain high.

Preliminary survey data released by the University of Michigan in the United States on the 12th showed that the initial value of the US consumer confidence index in June was 48.9, an improvement from 44.8 in May, but still significantly lower than the same period last year at 60.7. The survey showed that despite the slight improvement in consumer confidence, the market remains relatively pessimistic about the economic outlook, with the June consumer confidence index 13% lower than in January 2026 and about 19% lower than a year ago. Consumers are feeling the pressure brought by recent escalating inflation and are concerned that high inflation may persist. In addition, the University of Michigan's preliminary current economic conditions index for June was 48.4, higher than 45.8 in May but lower than 64.8 in the same period last year; the preliminary consumer expectations index was 49.3, higher than 44.1 in May but lower than 58.1 in the same period last year. The survey also showed that the one-year inflation expectations in the United States are 4.6%, a slight decrease from May's 4.8% expectation but still at a relatively high level.