UMich July US prelim consumer sentiment 80.8 vs 86.5 expected

Highlights of the first look at July consumer sentiment

• Prior was 85.5
• Current conditions 84.5 vs 91.4 exp (88.6 prior)
• Expectations 78.4 vs 85.0 exp (83.5 prior)
• 1-year inflation 4.8% vs 4.2% prior
• 5-10 year inflation 2.9% vs 2.8% prior