UMich preliminary April consumer sentiment 47.6 versus 52.0 expected, worst ever on record

Link: https://investinglive.com/news/umich-preliminary-april-consumer-sentiment-476-versus-520-expected-20260410/

• Prior month 53.3
• Consumer Sentiment 47.6 vs 52.0 estimate. Worst on record. Year on year -8.8%
• Current conditions 50.1 versus 55.8 last month.Year on year -16.2%
• Expectations and 46.1 versus 51.7 last month. Year on Year -2.5%
• 1 year inflation expectations 4.8% versus 3.8% last month
• 5 year inflation expectations 3.4% versus 3.2% last month

Needless to say, the war in Iran is having its impact on the survey data. The data is the worst on record.