The Conference Board's Consumer Confidence Index, a closely watched measure of consumer views on the economy, fell slightly to 90.8 in July from an upwardly revised 92.2 in June. The decline followed earlier gains, while separate surveys showed consumers remained focused on the impact of higher prices on household finances. Consumer Confidence Remains Below Recent HighsThe Conference Board said consumer confidence moderated in July after improving earlier in the year. Easing Price Pressures Provide Some ReliefThe improvement in consumer sentiment earlier in the summer came as some inflation concerns eased. However, she added that consumers remained cautious because prices were still elevated, with sentiment down from a year earlier.