March US consumer sentiment dips, inflation view up

March 15, 2012  by in UnCategorized   

By Aggregated Content in on March 16, 2012 from http://c.moreover.com/click/here.pl?z6114783234&z=1250249032 NEW YORK, March 16 (Reuters) - U.S. consumer sentiment dipped in early March as rising gasoline prices pushed Americans' inflation expectations for the next year higher, a survey released on Friday showed. The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment slipped to 74.3 from 75.3 in February, shy of economists' forecasts for a gain to 76.0. Even so, consumers did not expect the run-up in gasoline prices to last very long and anticipated further gains in employment this year. "Overall, the data indicate that $4 gasoline has lost its shock value, although the

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