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The latest consumer health check revealed consumers are increasingly apprehensive about spending amid sticky inflation trends and pre-emptive inflation anxiety (PIA) from tariffs, flagging consumer sentiment and rising job insecurity.
For the first time in five months, inflation moved lower in February. This confirms that despite the idiosyncratic price bumpiness, economic fundamentals were and remain disinflationary.
The latest consumer health check revealed consumers are increasingly apprehensive about spending amid sticky inflation trends and pre-emptive inflation anxiety (PIA) from tariffs, flagging consumer sentiment and rising job insecurity.
At a time of high uncertainty and volatility, the healthy 151,000 payroll gain in February provided some reassurance that the economy’s foundation is still solid.
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