>Consumers expect prices will climb at an annual rate of 3.2% over the next five to 10 years, up from the 3% expected in December. They see costs rising 3.3% over the next year, the highest since May, the data issued Friday showed. The survey also showed consumers indicated they were buying in advance to avoid future price increases.
Member when most people voted Trump because of inflation?
MeatPiston on
As I understand the economy is currently running on consumer spending and crash consumer sentiment would be a bad time for everyone.
4 Comments
Unironically good for inflation
[Without paywall](https://archive.ph/wjSU3)
>Consumers expect prices will climb at an annual rate of 3.2% over the next five to 10 years, up from the 3% expected in December. They see costs rising 3.3% over the next year, the highest since May, the data issued Friday showed. The survey also showed consumers indicated they were buying in advance to avoid future price increases.
Member when most people voted Trump because of inflation?
As I understand the economy is currently running on consumer spending and crash consumer sentiment would be a bad time for everyone.
The Great Trumpression. SAD!