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Consumer sentiment up in April

Posted by RJ and Makay on Apr 18, 2011

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Consumer sentiment up in April U.S. consumer sentiment rose in April as worries about the impact of higher oil prices on economic growth eased slightly, according to Reuters.

The consumer sentiment index calculated by Reuters and the University of Michigan has spiked 3% so far this month to 69.6 from 67.5 in March. Although the latest reading beat the consensus forecast of 68.5 among economists polled by Reuters, it's still below February's result (but not March's), Reuters reports.