The Thomson Reuters/University of Michigan's
final June reading on the overall index on consumer sentiment
came in at 82.5, up from 81.9 the month before.
It was above the median forecast of 82.0 among economists polled
by Reuters and above the preliminary reading of 81.2.
"Consumers believe the first quarter decline in economic
activity was due to the harsh winter weather, and that the
economy has already returned to positive economic growth,"
survey director Richard Curtin said in a statement.
The survey's barometer of current economic conditions rose to
96.6 from 94.5 and was above a forecast of 96.0.
The survey's gauge of consumer expectations slipped to 73.5 from
73.7 but topped an expected 72.8.
The survey's one-year inflation expectation dipped to 3.1
percent from 3.3 percent, while the survey's five-to-10-year
inflation outlook edged up to 2.9 percent from 2.8 percent.
(Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama)
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