U.S. inflation expectations have fallen to an 8-month low in August
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices for gasoline helped bring expectations for inflation to their lowest level since December of last year.
One-year inflation expectations are at their lowest level since December, while 5-year expectations remained at a 7-month low. “Lower-income consumers, who have fewer resources to buffer against inflation, posted particularly large gains on all index components,” she added.
France Dernières Nouvelles, France Actualités
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