US consumer sentiment slumps; inflation expectations edge up

The University of Michigan's preliminary November reading on the overall index on consumer sentiment came in at 54.7, down from 59.9 in the prior month. The 8.7% decline, which erased about half of the gains since the index's tumble to a historic low in June, also came as gasoline prices pushed higher.

from International-News-Economic Times https://ift.tt/XjY7afo
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