Ryuu96 on 11 April 2025
Horrendous numbers
- UMICH PRELIM APRIL CONSUMER SENTIMENT FALLS TO 50.8; EST 53.8
- UMICH YR-AHEAD EXPECTED INFLATION AT 6.7%, HIGHEST SINCE 1981
The survey’s mid-month reading on consumer sentiment fell to 50.8, down from 57.0 in March and below the Dow Jones consensus estimate for 54.6. The move represented a 10.9% monthly change and was 34.2% lower than a year ago.
As sentiment moved lower, inflation worries surged.
Respondents’ expectation for inflation a year from now leaped to 6.7%, the highest level since November 1981 and up from 5% in March. At the five-year horizon, the expectation climbed to 4.4%, a 0.3 percentage point increase from March and the highest since June 1991.
Consumer Sentiment Tumbles in April As Inflation Fears Spike
March saw a big drop in Republicans' consumer sentiment
— Joe Weisenthal (@weisenthal.bsky.social) 11 April 2025 at 15:12
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Last edited by Ryuu96 - on 11 April 2025
