US Consumer Sentiment Recovers Slightly on Ceasefire, Softer Gas Prices: UMich

The inflation outlook stayed elevated in the final University of Michigan index for April.

Customers use a gas station in Los Angeles on March 25, 2025. John Fredricks/The Epoch Times

Consumer confidence recovered slightly in late April, driven by the two-week ceasefire and softer gasoline prices, according to the University of Michigan’s final estimate, released on April 24.

The April Consumer Sentiment Index came in at 49.8, down almost 7 percent from March and nearly 5 percent from a year ago.