WASHINGTON - U.S. consumer sentiment sagged to a six-month low in May amid growing anxiety about inflation, unemployment and interest rates, a survey showed on Friday.
"While consumers had been reserving judgment for the past few months, they now perceive negative developments on a number of dimensions," said Surveys of Consumers Director Joanne Hsu in a statement. "They expressed worries that inflation, unemployment and interest rates may all be moving in an unfavorable direction in the year ahead."
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