U.S. consumer confidence fell for the first time in three months in August, and one-year inflation expectations rose to 4.3%.

According to the Zhitong Finance APP, U.S. consumer confidence saw its first decline in three months in August, as households' concerns about the deteriorating business environment and rising prices intensified, leading to a weakening of consumers' views on the short-term and long-term outlook for the U.S. economy.