The index of feeling of the consumer of the University of Michigan rose one point in July, standing at 61.7 From June 60.7, its highest level in five months. Despite the improvement, the figure worsens market forecasts, which expected an increase at 62.
He Component of expectations of the University of Michigan has backed up 57.7 from 58.1, its lowest level in two months, while The expectation of inflation at one year has dropped to 4.5% From 5% of the previous month. Five years, the expectation has fallen to 3.4% from the previous 4%, its lowest percentage in six months.
Dollar reaction
The Important US data published today have disappointed market expectations, causing a strong decline of the dollar on all fronts. The US dollar index (DXY) has collapsed to 98.68, minimum of three days, after having previously reached a two -month roof in 100.26 on Friday. At the time of writing, the DXY is traded on 98.85, losing an important 1.20% daily.
Economic indicator
Consumer feeling index of the University of Michigan
The index of the consumer’s feeling Reuters/Michigan that publishes Reuters It is a survey on consumer trust in economic activity. It shows the consumer panorama regarding spending. A result superior to consensus is bullish for the dollar, while a lower result is bassist.
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Last publication: old age 01, 2025 14:00
Frequency: Monthly
Current: 61.7
Dear: 62
Previous: 61.8
Fountain: University of Michigan
Consumer exuberance can be translated into greater expense and faster economic growth, which implies a stronger labor market and a possible rebound in inflation, which helps the Fed become more optimistic. The popularity of this survey among analysts (mentioned more frequently than CB consumer confidence) is justified because the data here include interviews conducted up to one or two days before the official launch, which makes it a timely extent to the mood of the consumer, but above all because it measures the attitudes of the consumer on financial and income situations. The real figures that exceed consensus tend to be bulls for the USD.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.