Joanne Hsu, Head of Consumer Confidence Survey at the University of Michigan in the US: Consumers continue to expect inflation and unemployment to worsen in the future. Consumers said in interviews that their concerns about the current high prices subsided at the beginning of summer and then resurfaced this month.

Joanne Hsu, Head of Consumer Confidence Survey at the University of Michigan in the US: Consumers continue to expect inflation and unemployment to worsen in the future. Consumers said in interviews that their concerns about the current high prices subsided at the beginning of summer and then resurfaced this month.