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Fears of Price Instability Pull Down Consumer Sentiment in Early May

Fears of Price Instability Pull Down Consumer Sentiment in Early May

Robert Hughes   The preliminary results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell in early May and remains well below pre-lockdown levels. Fears over rising prices were the primary cause. Overall consumer sentiment decreased to 82.8 in early May, down from 88.3 in April, a 6.2 percent decline (see […]