NEW YORK (Dow Jones) – is at the University of Michigan on behalf of the news agency Reuters calculated index of consumer sentiment in the U.S. increased in April after the results of the second survey to 69.8 from 67.5 the previous month, as on Friday was reported. (Photo: Walmart)
Dow Jones Newswires surveyed economists had expected the index level at 70.0. After the first survey was first a state arising from 69.6.
U.S. consumers play a key role for the U.S. economy because about 70% depending on gross domestic product from private consumption. The index for expectations in April amounted to 61.6 (previous month: 61.2), the index for the assessment of the current situation was given to 82.5 (82.7).
Inflation expectations of consumers have not changed in April from the previous month. Term of five years, respondents continue to expect a rate of 2.9%. At sight of twelve months, inflation expectations are at 4.6%.