US EditionUS Consumer Sentiment Slides While Inflation Expectations Jump
- U.S. consumer sentiment dropped to 52.2 in April, the lowest reading since the late 1970s, according to the University of Michigan.
- Consumers expect inflation to rise at a 6.5% pace over the next year, the highest since 1981, according to the survey.
- The University of Michigan noted that 60% of respondents commented on the impact of tariffs on their financial outlook.
- Procter & Gamble Co. estimated that tariffs could add up to $1.5 billion to its annual costs, impacting product pricing.
61 Articles
61 Articles
Washington. US consumers’ confidence in the country’s economy and that of their families fell in April for the fourth consecutive month and expectations of inflation performance rose to peaks in 1981, in a context of concern about the economic impact of tariffs.
Madrid. Consumer confidence in the United States registered its fourth consecutive monthly decline in April, according to the index produced by the University of Michigan. This occurs while the inflation expectations of U.S. households rise to peaks in 1981.In particular, the confidence figure was 52.2 points in April, compared to 57 the previous month, which implies a fall of 8.4 per cent per month and an annual drop of 32.4 per cent. The great…
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