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More Americans have negative views on US economy: The Hill

Xinhua | Updated: 2022-06-28 11:10

A woman walks past a store in New York, the United States, May 11, 2022. [Photo/Xinhua]

WASHINGTON - The proportion of Americans who view the current condition of the national economy as fairly bad or very bad has grown for the past two months, The Hill reported on Sunday.

The proportion has risen from 63 percent in April to the current 75 percent, the report said, citing the latest CBS News/YouGov poll.

The increased negative views come after the US annual inflation hit a 40-year high of 8.6 percent in May, it said, adding that rising oil, food and shelter costs largely fueled the inflation spike.

"Those price hikes have left many Americans feeling unsure of their ability to retire, take vacation or even afford day-to-day items," said the report.

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