US consumer sentiment falls to its second-lowest level on gas prices and inflation

FinanceInternationalCNN en EspañolOct 23, 2026, 12:54 PM30 s readAI summary

The University of Michigan consumer sentiment index for October was the second lowest since 1978, according to data released Friday. A gallon of unleaded gasoline costs 40% more than a year ago and diesel nearly 75% more. 56% of respondents said rising prices are hurting their personal finances, a share that has risen for four consecutive months. One-year inflation expectations rose from 4.6% to 4.7%.

In 30 seconds

October consumer sentiment was the second lowest since records began in 1978
Unleaded gasoline costs 40% more than a year ago and diesel nearly 75% more
56% of respondents mentioned that high prices are hurting their personal finances

Read the full story at CNN en Español

IASummary generated by artificial intelligence from a story by CNN en Español. It may contain errors: the original source prevails.

consumo
inflación
gasolina
Reserva Federal
Estados Unidos

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US consumer sentiment falls to its second-lowest level on gas prices and inflation

In 30 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day