The first look at April consumer sentiment
- Final March reading was 84.9
- Current conditions 97.2 vs 96.0 expected (93.0 prior)
- Expectations 79.7 vs 85.0 expected (79.7 prior)
- 1-year inflation expectations 3.7% vs 3.3% expected (3.1% prior)
- 5-10 year inflation expectations 2.7% vs 2.8% prior
This still has a long ways to go to get back to pre-pandemic levels.
One year inflation expectations are at the highest since 2012.