Consumer Sentiment Declines, Inflation Concerns

This is a news story, published by CNBC, that relates primarily to the University of Michigan's news.

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Inflation fears

CNBC

•

Business

Business & Economics

Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

Summary

Nutrition label

80% Informative

The final version of the University of Michigan's Survey of Consumers showed a reading of 57.0 for the month , down 11.9% from February and 28.2% from a year ago .

Economists surveyed by Dow Jones had been expecting 57.9 , which was the mid-month level.

It was the third consecutive decrease and stretched across party lines and income groups.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive