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US consumer sentiment near all-time low as inflation bites
Survey data from the University of Michigan on the consumer sentiment index came in at 47.8 this month, down 7.5% from the month before. The index hit an all-time low of 44.8 in May, with energy prices skyrocketing due to US President Donald Trump's Iran war and his tariff policies upending global trade, among other factors. (EPA Images pic)WASHINGTON: US consumer sentiment dropped in September to approach an all-time low, survey data from the Un…
