US Mar Reuters/Michigan Consumer Sentiment Index declines to 71.8 vs 77.6 in Feb.

The US Stock market lower opening Friday as several US inflationary indicators were reported that were generally in line with expectations. In the US, the Consumer Price Index (YoY) rose +2.0% in February, which equaled projections. Moreover, the Consumer Price Index ex-food and energy reported a growth of +2.0% in February as well, which matched a consensus. Finally, Industrial Production (MoM) experienced a rise of +0.7% in February, against expectations of only +0.4%.