The University of Michigan released a consumer sentiment index for April today at 3:00 pm BST.
University of Michigan flash data for March
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app-
Consumer sentiment index: 63.5 vs 63.5 expected (62.0 previously)
-
1-year inflation expectations: 4.6% vs 4.6% expected (3.6% previously)
-
5-year inflation expectations: 3.0% vs 2.9% expected (2.9% previously)
Consumer Sentiment Index data turned out to be in line with the analysts expectations. Similarly, inflation expectations came near forecasted data. 1-year inflation came at 4.6% and what is more important, inflation expectations rose by 1 pp compared to the latest reading at 3.6%. This mens that inflation is more sticky and consumers expect it to last for a longer period of time. 5-year inflation came slightly higher at 3.0%.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
