The US consumer sentiment deteriorated in February

The US consumer sentiment deteriorated strongly in February – according to the Michigan University’s regular monthly survey that was published on Friday.

The consumer sentiment index decreased from the previous 95.5 points to 93.8 points, while analysts expected a growth of 95.7 points. The indicator shows a slight improvement in consumer expectations, compared to the 91.2-point low in January, while the current economic situation has deteriorated. (MTI)