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The Economic Times
The Economic Times
National

US consumer sentiment highest since February on brief oil price dip

United States Oil Joanne Hsu University of Michigan

US consumer sentiment this month jumped to its highest since February on a temporary drop in oil prices, University of Michigan data showed Friday -- but renewed hostilities in the Middle East could reverse this progress.

Preliminary data showed the university's consumer sentiment index came in at 54.4 points in July, up nearly 10 percent from June's reading.

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