-
US consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer outlook plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday. The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record. Current conditions and expectations indexes also saw double-digit monthly declines. The drop in sentiment coincided with a sharp spike in inflation expectations, with respondents seeing prices up 4.8% in a year from now, a full percentage point rise from the March reading to its highest since August 2025. Survey ... (full story)
- Comments / Top
- Subscribe
Ahmedskaf
Apr 10, 2026 2:26pm
Permalink
-
Related Stories
The Consumer Sentiment Index in the United States declined 10.7% in April compared to the month prior, to stand at 47.6, a preliminary report published by the University of Michigan showed on Friday. The figure was 8.8% up on an annual level and came lower than analyst’s forecasts. The Current Economic Conditions Index dropped 10.2% in the reported period ...
The Consumer Price Index for March, set to be released at 8:30 a.m. Friday, is expected to show that US inflation bolted higher as a direct result of the Middle East war’s energy shock. Economists are estimating that prices leapt 0.9% from February, more than triple the pace seen in January. Such an increase would drive the annual rate of inflation to 3.4% ...
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent on a seasonally adjusted basis in March, after rising 0.3 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment. The index for energy rose 10.9 percent in March, led ...
