UM consumer sentiment index falls in March

CHICAGO, March 31 (Xinhua) -- The Consumer Sentiment Index released Friday by the University of Michigan (UM) Surveys of Consumers fell to 62.0 in the March 2023 survey, down from 67.0 in February but above last March's 59.4.

The Current Index fell to 66.3 in March, down from 70.7 in February and below last March's 67.2; and the Expectations Index fell to 59.2, down from 64.7 in February but above last March's 54.3.