Consumer outlook has taken a downturn, with a notable decline in September. The headline index of a survey reached 47.8, marking a significant drop. This represents a 7.5% decrease from the previous month's reading. Compared to the same time last year, the index is down 13.2%.
The decline suggests a worsening inflation outlook, which appears to be impacting consumer sentiment.
Further details on the survey and its findings can be found through the source, providing more insight into the current consumer outlook and inflation expectations.