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Reuters: Inflation outlook makes consumers' mood grim

Started by chris, May 31, 2008, 02:41:38 PM

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chris

Inflation outlook makes consumers' mood grim
      


NEW YORK (Reuters) - U.S. consumer confidence fell to a
28-year low in May, a survey showed on Friday, as soaring
prices for food and fuel soured sentiment and pushed long-term
inflation expectations to the highest in more than a decade.
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