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Less buying power, elevated inflation push down consumer views
Consumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future, according to the University of Michigan Surveys of Consumers.
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phys.org
Less buying power, elevated inflation push down consumer views
Consumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future,…
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economictimes.indiatimes.com
US consumer sentiment drops in August on inflation worries
In August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. The war launched by the U.S. and Israel…
