The University of Michigan’s preliminary April consumer sentiment index reading was 75.7, down from a final March 76.2 and the preliminary March 74.3, according to market sources.

The expectations index was 72.5, up from 69.8 in March and 68.0 earlier in the month. The current conditions index was 80.6, down from 86.0 in March and 84.2 earlier that month.

Economists polled by Thomson Reuters had predicted a 76.2 reading for the main index, 86.0 for current conditions and 69.6 for expectations.

The University of Michigan index is not released to the press, only to paying subscribers.

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