The Kobeissi Letter(@KobeissiLetter):Inflation concerns among US consumers are intensifying: ~38% of Americans now perceive inflation as a greater risk than unemployment over the next year, the highest proportion since March 2025. This percentage has risen +13 points over the last 2 months, the biggest 2-month increase in at least 2 years. By comparison, 48% of consumers perceived inflation as a higher risk in July 2024. At the same time, only ~5% see unemployment as a greater risk than inflation over the next year, the lowest reading in at least 2 years. This brings the gap up to 33 percentage points, the widest since February 2025. Inflation remains a major issue for US households.

2026.06.15 22:28

Inflation concerns among US consumers are intensifying: ~38% of Americans now perceive inflation as a greater risk than unemployment over the next year, the highest proportion since March 2025. This percentage has risen +13 points over the last 2 months, the biggest 2-month increase in at least 2 years. By comparison, 48% of consumers perceived inflation as a higher risk in July 2024. At the same time, only ~5% see unemployment as a greater risk than inflation over the next year, the lowest reading in at least 2 years. This brings the gap up to 33 percentage points, the widest since February 2025. Inflation remains a major issue for US households.