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US consumer confidence dips in May as Iran war inflation concerns mount

Cyprus Mail 28 May 2026, 06:00
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US consumer confidence dips in May as Iran war inflation concerns mount
US consumer confidence eased in May as worries about ​inflation linked to the war with ‌Iran intensified, offsetting an improvement in households’ perceptions of the labor market, a ​survey showed this week. The Conference ​Board said its consumer confidence index slipped ⁠0.7 points to 93.1 this ​month. Data for April was revised higher ​to show […]