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Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries

by FeeOnlyNews.com
2 months ago
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Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
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A customer shops in a grocery store on March 11, 2026 in Miami, Florida.

Joe Raedle | Getty Images

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices, the University of Michigan’s Surveys of Consumers said Friday.

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