Michigan Sentiment at Lowest Levels Since 2011, Yet It’s Inflation that Matters!

[PocketOption]

Michigan Sentiment at Lowest Levels Since 2011, Yet It's Inflation that Matters!

The preliminary reading for the February Michigan Consumer Sentiment was 61.7 vs an expectation of 67.5 and a January reading of 67.2.  This was the lowest reading since October 2011! Most of the miss was due to the Current Conditions component, which was 68.5 vs 73 expected and 72 in January.  This was the lowest […]

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Source: Michigan Sentiment at Lowest Levels Since 2011, Yet It's Inflation that Matters!