Tag: consumer

BUSINESS

No Letup On US Inflation

The U.S. continues to see consumer prices rise in the month of September. This was more than expected and suggests that the country is still in a struggle to tame inflation. Inflation, the rate at which prices rise, was 8.2% in the 12 months to September, down from 8.3% in August. Despite the fall, the figure was still higher than […]

BUSINESS

U.S. Consumer Feeling The Pinch

U.S consumer sentiment hit a new record low in June amid growing concerns about inflation. This is according to a closely followed University of Michigan survey released today. The final index reading of 50 in the monthly Surveys of Consumers was just below the preliminary reading of 50.2 released two weeks ago. The final June index – a 14.4% drop […]