The deterioration in consumer sentiment was even worse than anticipated in March as worries over inflation intensified, according to a University of Michigan survey released Friday.
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Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows - CNBC
The closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.
By:Jeff Cox
Source:CNBC
Published:
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