US CPI worsens in April

Source: Trading Economics
© Reuters
The University of Michigan's preliminary Consumer Confidence Index dropped to 89.7 in April, following March's 91.0 points and registering the worst result since September 2015. Until today, analysts expected the Index to improve to 92.0 points. Meanwhile, the survey's barometer of actual economic conditions fell from 81.5 to 79.6 and the gauge of current conditions declined from 105.6 to 105.4 points in the same period.
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