"These expectations have risen in spite of the fact that consumers have taken note of the continued slowdown in inflation. Consumers appear worried that the softening of inflation could reverse in the months and years ahead."

Joanne Hsu, survey director for the University of Michigan's twice-monthly survey of consumer sentiment, detailing the fact that U.S. consumers' inflation expectations rose for a second straight month in November despite growing signs that price increases are slowing. Read the Reuters article, “U.S. Consumers Worry Inflation Will Pick Up Again, UMich Survey Finds.”