Mumbai, March 18 -- Preliminary data released by the University of Michigan on Friday unexpectedly showed a slight deterioration in U.S. consumer sentiment in the month of March. The report said the consumer sentiment index edged down to 76.5 in March after falling to 76.9 in February. The slight decrease by the headline index partly reflected a modest deterioration in consumer expectations, as the index of consumer expectations slipped to 74.6 in March from 75.2 in February. Meanwhile, the report said the current economic conditions index came in at 79.4 in March, unchanged from the previous month.
Published by HT Digital Content Services with permission from Capital Market....