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The feeling of the consumer received another success in March when the concerns intensified about inflation and a stock market, according to the latest feelings of the University of Michigan published on Friday.
The survey published a reading of the middle of 57.9, which represents a 10.5% decrease from February and was below the Dow Jones consensus estimate for 63.2. The reading was 27.1% below one year.
Although the current conditions index fell 3.3% less severe, the measure of expectations for the future was off 15.3% monthly and 30% of the same period in 2024.
In addition, fears grew on where inflation is directed when President Donald Trump institutes rates against US commercial partners.
The perspective of one year increased to 4.9%, a high percentage point of 0.6 since February and the highest reading since November 2022. On the five -year horizon, the perspective increased to 3.9%, a higher percentage point for the highest level since February 1993.
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