April final U Mich consumer sentiment 89.0 vs 89.7 prelim

Consumer sentiment data from the University of Michigan:

• The preliminary estimate was 89.7
• The March final reading was 91.0
• Current conditions 106.7 vs 105.4 prelim (105.6 prior)
• Expectations 77.6 vs 79.6 prelim (81.5 prior)
• 1-year inflation expectations 2.8% vs 2.7% prelim

The survey is at the lowest since September 2015. The wild and growing divergence between current conditions and expectations continues.