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From fuel price hikes to cost-of-living concerns, US consumer sentiment nears record low

US consumer sentiment has declined slightly as rising prices related to the Middle East conflict affect households' financial views. The Consumer Sentiment Index fell marginally to 48.0 in October, approaching a record low. Independents reported significantly weaker sentiment while Democrats and Republicans showed improvements. Inflation expectations rose, suggesting concerns about future price…

From fuel price hikes to cost-of-living concerns, US consumer sentiment nears record low

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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