International Economic
US consumer sentiment slips in August as inflation fears resurface
By Iain Gilbert
Date: Friday 15 Aug 2025
(Sharecast News) - US consumer sentiment declined for the first time in four months in August, according to a preliminary reading from the University of Michigan, falling to 58.6 from 61.7 in July - well below consensus forecasts of 62.
August's drop was principally due to renewed concerns over inflation and a sharp deterioration in buying conditions for durable goods.
The current conditions gauge fell to 60.9 from 68.0, while the expectations index eased to 57.2 from 61.7.
Short-term inflation expectations jumped to 4.9% from 4.5%, ending a two-month retreat, while the five-year outlook rose to 3.9% from 3.4%. However, both remained below peaks seen in April and May.
Despite a modest improvement in expectations for personal finances, consumers continued to anticipate higher inflation and rising unemployment ahead.
Reporting by Iain Gilbert at Sharecast.com
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research