Inflation Slowly Ebbs, But Consumer Outlook Remains Gloomy

New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation  A survey of 2,169 consumers for PYMNTS' new "Consumer Inflation Sentiment: Inflation Slowly Ebbs, But Consumer Outlook Remains Gloomy" report not only showed that individuals were more pessimistic than central bankers, but revealed half believe the economy is headed into recession as a result of the effects they still feel on their wallets and lives every day.
Inside the August Report
  • 64%: Portion of consumers who say they expect grocery prices to increase in the next year
  • 79%: Share of consumers who say their financial situation is worse today than a year ago
  • 62%: Portion of consumers who believe there will be a recession in the coming years

PYMNTS Consumer Inflation Sentiment Report Series

The False Appeal of Deal-Chasing Consumers
Rising Housing Costs Deflate Economic Optimism
Perception Is Reality
In It For The Long Haul
Consumer Inflation Sentiment: Inflation's Long Consumer Spending Shadow
Consumers Buckle Down On Belt-Tightening
Consumers Pull Back and Prepare for the Long Haul