The US consumer confidence index in July 2025 saw a slight increase, reaching 61.8. This rise occurred alongside a decline in inflation expectations.
Consumer Confidence Index in July
The US consumer confidence index increased by one point to 61.8 as of July 2025, according to a report by Joanne Hsu, Director of Consumer Surveys at the University of Michigan. This modest improvement comes amid a decline in inflation expectations noted for the second consecutive month.
Decrease in Inflation Expectations
Expectations for inflation over the next year fell to 4.4%, indicating a lower perception of inflation risk among consumers. Joanne Hsu stated, "Consumer Sentiment Index: 61.8 (July), up from 60.7 (June). Current Economic Conditions: 66.8; Index of Consumer Expectations: 58.6. 1Yr Inflation Expectations: 4.4% (down from 5%); 5Yr Inflation Expectations: 3.6% (down from 4%)."
Crypto Market Response
Despite changes in consumer sentiment, the cryptocurrency market remained stable. The US Dollar Index dropped by 0.5%, viewed as a positive sign. However, no significant on-chain reactions were observed in cryptocurrencies like Bitcoin or Ethereum. Currently, Bitcoin (BTC) is priced at $117,577.94 with a market cap of $2.34 trillion.
Overall, the rise in the consumer confidence index and the decrease in inflation expectations may have broader economic implications. However, the impact on the cryptocurrency market remains nuanced.
