• U.S. consumer sentiment index falls more than forecast in early April

Market news

12 April 2019

U.S. consumer sentiment index falls more than forecast in early April

A report from the University of Michigan revealed on Friday the preliminary reading for the Reuters/Michigan index of consumer sentiment fell to 96.9 in early April.

Economists had expected the index would decrease to 98.0 this month from March’s final reading of 98.4

According to the report, the index of current U.S. economic conditions rose to 114.2in April from 113.3 in the previous month. Meanwhile, the index of consumer expectations fell to 85.8this month from 88.8 in March.

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