US consumer sentiment slips in October on frustration over high prices
- Americans’ outlook on the economy decreased in October, according to the University of Michigan’s consumer sentiment index, after two months of gains.
- The index fell to 68.9 in October from 70.1 in September, which was the highest since May.
- “Consumers continue to express frustration over high prices,” said Joanne Hsu, director of consumer surveys at University of Michigan.
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