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US CONSUMER SENTIMENT, INFLATION EXPECTATIONS DETERIORATE SHARPLY IN APRIL

  • NEWS Desk Global
  • Apr 11
  • 1 min read


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U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.

The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 50.8 this month from a final reading of 57.0 in March.


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