[ad_1]
US near-term inflation expectations fell to the lowest level since early 2021 in September while sentiment eased. Consumers expect prices will climb at an annual rate of 3.2% over the next year, down from 3.5% in August, according to the final September reading from the University of Michigan. They see costs rising 2.8% over the next five to 10 years, the lowest in a year, data showed on Friday .
Even so, the sentiment index fell to 68.1 from 69.5 in August. Respondents were relatively more pessimistic about current conditions compared to the prior month.
Even so, the sentiment index fell to 68.1 from 69.5 in August. Respondents were relatively more pessimistic about current conditions compared to the prior month.
[ad_2]
Source link
More Stories
India’S Growth Forecast: S&P ups India’s FY’24 growth forecast to 6.4% on robust domestic momentum
India to remain fastest-growing major economy, but demand uneven: Poll
Jack Ma: Jack Ma gets back into business with ‘Ma’s Kitchen Food’