Aprils Soaring Inflation Fears Shake Consumer Sentiment, Revealed by University of Michigan
Highlights – Consumer sentiment drops in April – Expected inflation reaches highest level since 1981 – Survey indicates worries of a possible recession Consumer Sentiment Deteriorates Consumer sentiment took a sharp decline in April as per a recent University of Michigan survey. The mid-month reading plummeted to 50.8, significantly lower than both the previous month’s […]
