The University of Michigan's final March consumer sentiment index reading was 101.4, compared to the preliminary March reading of 102.0, and the final February index of 99.7, according to market sources.

The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report.
The Institute for Social Research at the University of Michigan, which releases the consumer sentiment report. Bloomberg News

The expectations index was 88.8 compared to the preliminary March 88.6, and the final February 90.0.

The current conditions index was 121.2, compared to the preliminary March 122.8, and the final February 114.9.

Economists polled by IFR Markets had predicted a 102.0 reading for the main index.

The five-year inflation expectation index was 2.5%, compared to 2.5% in February, while the one-year inflation expectation index was 2.8%, compared to 2.7% in February.

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

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