Consumer sentiment soured in August for the first time in four months as Americans grew antsy about where inflation is headed.

Key Takeaways Consumers felt worse about the economy in August as a closely-followed survey showed increased worries about inflation and the labor market.It’s the first time in four months that consumer sentiment has declined.

US consumer sentiment unexpectedly fell for the first time since April and inflation expectations rose on lingering anxiety about the impact of tariffs.