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Consumer confidence dips in September amid inflation concerns
U.S. consumer sentiment dipped to a four-month low in September amid rising inflation rates and mounting cost-of-living concerns, according to survey results released Friday. The University of Michigan Surveys of Consumers index found that consumer confidence slipped to a reading...
UK inflation jumps to 3.1% as energy costs soar
The reading comes a day before the Bank of England updates its monetary policy.
Consumer outlook plunges in September as inflation outlook worsens
The survey's headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.