Wednesday, April 25, 2007

Consumer confidence falls anew

April consumer confidence falls to August low (Reuters)

A motorist holds a fuel pump at a gas station in a 2006 file photo. U.S. consumer confidence declined more than expected in April on rising gasoline prices while inflation expectations rose to their highest since August 2006, a survey showed on Tuesday. (Luke MacGregor/Reuters)Reuters - Consumer confidence slipped in April to its lowest since last August, reflecting worries that rising gasoline prices could ignite inflation and crimp economic growth, a report showed on Tuesday.


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