US Consumer Sentiment Falls to Lowest Level in 8 Months: Survey

The cost of a dozen eggs has risen 85 percent since January 2020, bread 46 percent, and chicken 42 percent.

People shop at a grocery store in Columbia, Md., on June 8, 2024. Madalina Vasiliu/The Epoch Times

Consumer sentiment declined to the lowest level since December 2023 as American citizens continue to be troubled by high prices from elevated inflation, according to a recent survey.

The Index of Consumer Sentiment declined by 3.2 percent this month from June, according to a July 12 data release by the University of Michigan’s Surveys of Consumers.