USA: surprise rise in consumer confidence
The confidence index calculated on the basis of this household survey rose to 79.4, up from 76.5 announced in the preliminary version, after 76.9 in February.
The component measuring consumers' assessment of their current situation rose particularly strongly, to 82.5 from 79.4 in February, while the sub-index measuring their expectations rose to 77.4 from 75.2 last month.
These results show above all a deterioration in consumers' inflation expectations one year ahead, now estimated at 2.9% instead of 3% last month.
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