The Guardian12 Jun 2026Macro
Automatically composed with AI from the cited sources
Sentiment rose four points from mid-May, when gasoline averaged $4.50 a gallon, to June as the pump price fell to $4.10 a gallon, according to the University of Michigan survey. The uptick, recorded despite May headline inflation reaching a three-year high above 4%, was broad-based across age, education, and party lines, with the strongest gains among lower-income households most exposed to fuel costs.