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Record-low U.S. consumer morale sinks to new depths as war-driven inflation bites

1 min read
Source: CNN
Record-low U.S. consumer morale sinks to new depths as war-driven inflation bites
Photo: CNN
TL;DR Summary

The University of Michigan’s consumer sentiment index fell to a record low of 47.6 in April 2026 as price spikes tied to the US–Iran conflict weigh on shoppers; inflation expectations rose (short-term 4.8%, long-term 3.4%), March CPI jumped 0.9% to 3.3%, and unemployment remains relatively low, suggesting sentiment could depress consumer spending if the labor market weakens.

Topics:business#consumer-sentiment#cpi#economy#inflation#iran-war#university-of-michigan
Share this article
  1. Consumer sentiment plummets to record low as Iran war jacks up inflation  CNN
  2. Consumer sentiment hits record low, inflation fears rise amid Iran war  CNBC
  3. Americans blame Iran war for worsening economy, pushing consumer sentiment to record low  MarketWatch
  4. Consumer Sentiment Hits Record Low, Michigan Survey Shows  WSJ
  5. Consumers are in a foul, foul mood  Axios

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