US March one-year inflation expectations initial value 3.4%, below expectations 3.7%

Gate News reports that on March 13, the United States released several economic data points. The initial forecast for the one-year inflation rate in March was 3.4%, below the market expectation of 3.7%, and unchanged from the previous value of 3.40%. The January JOLTS job openings (U.S. Department of Labor Job Openings and Labor Turnover Survey) totaled 6.946 million, higher than the expected 6.7 million, with the previous figure revised from 6.542 million to 6.55 million. The March University of Michigan Consumer Sentiment Index (an important indicator of U.S. consumer confidence) was initially 55.5, above the expected 55, and down from 56.6.

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