Keeping you up to date on the latest data releases.
Final numbers show that the University of Michigan’s Index of Consumer Sentiment increased to 80 from the preliminary number (79.9) posted earlier in March. The Index of Consumer Expectations increased to 70 from the preliminary number of 69.4. The economic conditions index decreased to 95.7, from the preliminary number of 96.1.
In regards to inflation expectations in March, consumers expect a year-ahead inflation rate of 3.2 percent and a longer (5- to 10-year) rate of 2.9 percent.