US Consumer Sentiment Falls Further in October
US consumer sentiment dropped to 46.3 in early October amid rising prices linked to the Middle East conflict. Cost-of-living frustrations grew, while short-term inflation expectations edged higher.
United States consumer sentiment fell to 46.3 in early October from 48.1 in September, driven by rising prices stemming from regional conflict. Economists surveyed by Reuters had forecast a reading of 47.8 for the index. The drop reflects mounting cost-of-living frustrations across households in the country.
