En.Haberler.Com - Latest News
  HOME PAGE 20/07/2024 16:34 
News  > 

US Consumer Sentiment Falls To 7-Month Low

14.06.2024 19:12

Assessments of personal finances dipped due to rising concerns over high prices, weakening incomes, says survey director.

US consumer sentiment declined in June to reach its lowest level in seven months, according to preliminary results from the University of Michigan's consumer survey released Friday.

The index of consumer sentiment dove 3.5 points to 65.6 in June, the lowest level since November, from 69.1 in May.

The market expectation for the index was to come in at 72.1.

"Assessments of personal finances dipped, due to modestly rising concerns over high prices as well as weakening incomes," Surveys of Consumers Director Joanne Hsu said in a statement.

Year-ahead inflation expectations, on the other hand, remained unchanged at 3.3% this month.

Long-run inflation expectations, meanwhile, slightly rose to 3.1% this month, up from 3% in May, according to the survey. -

Latest News

  • President of the Turkish Republic of Northern Cyprus, Ersin Tatar: I couldn't experience my childhood.
  • The President of the Turkish Republic of Northern Cyprus (TRNC), Ersin Tatar, was a guest on the Haber Bahane program hosted by Av. Bedia Teymur and Gökay Kalaycıoğlu from Haberler.com. Starting his speech by commemorating our martyrs on the occasion of the 50th anniversary of the Cyprus Peace Operation, Tatar made important statements. The leader of the TRNC expressed the difficulties faced by the Turkish Cypriots before the operation, saying, "I couldn't experience my childhood."
  • 13 minutes ago...

  • The reason is even more explosive! Wanda Nara's father has been detained.
  • Andres Nara, the father of famous model Wanda Nara, who is in the process of divorcing Mauro Icardi, has been arrested on allegations of domestic violence against his wife. According to reports in the Argentine media, it was stated that Andres Nara had assaulted his wife Alicia Barbasola and that the neighbors had called the police. It is claimed that Nara, who was taken into custody, will be arrested for aggravated assault and violence charges.
  • 13 minutes ago...

  • Mother-in-law and father-in-law beat the groom! He ended up in prison.
  • Mustafa Acar in Muğla, brutally assaulted his mother-in-law and father-in-law who came to their house to resolve the problems he was having with his wife. Acar, who was taken into custody by the gendarmerie after the incident, was referred to the courthouse and arrested. The elderly couple's treatment at the hospital is ongoing.
  • 36 minutes ago...

Top News