U.S. consumer sentiment in the month of January improved by even more than previously estimated, according to a revised report released by Reuters and the University of Michigan on Friday.
The report showed that the consumer sentiment index for January was upwardly revised to a reading of 75.0 from the mid-month reading of 74.0.
With the upward revision, which came as a surprise to economists, the consumer sentiment index is well above the final December reading of 69.9. Economists had expected the index to be unrevised.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.