Consumer confidence crushes expectations
Apr 17, 2015, 19:30 IST
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The preliminary reading on consumer confidence from the University of Michigan came in at 95.9, topping expectations for a reading of 94.0.
Expectations were for the reading to come in at 94.0, up from 93.0 at the end of February.
The report also showed that consumers' assessment of economic conditions and expectations for future conditions rose from March.
The inflation outlook for consumers declined for both a 1-year and 5 to 10-year view.
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More to come ...