Consumer inflation fears from spikes in February while the worries’ worries hit feelings

Consumers are dramatically more concerned about short -term inflation as president Donald Trump The aggressive tariffs against the main American commercial partners pushed, a carefully observed research showed on Friday.

AND Survey of Consumer University of Michigan In February, he showed that respondents expect the inflation rate a year of 4.3%, a 1 percentage point jump from January and the highest level since November 2023.

Although Trump delayed the tariff against Canada and Mexico, the threat to the prices of prices has shaken consumers. China charged Tariff’s retaliation after Trump’s move.

“Many consumers seem to be worried that the high inflation will come back next year,” said Joanne HSU, a poll director. “This is only the fifth time in 14 years when we have seen such a big one -month increase (one percentage point or more) in expectations of inflation in the year.”

The long -term expectations were not so affected, and the five -year -old prospects descended up to 3.3%, which is 0.1 percentage.

Stocks turned lower After the report, with the industrial average of Dow Jones, he initially excluded more than 100 points.

He worries about inflation with lower optimism, because the title index fell to 67.8, which is a one -month drop of 4.6% and 11.8% lower than the same month ago. The economists who examined Dow Jones sought a reading of 71.3.

HSU said that the overall decline of different survey index reflects “perception that it can be too late to avoid the negative impact of tariff policy.”

The current conditions index also decreased to 68.7 or 7.2% lower than January and 13.5% compared to a year ago. The expectations have decreased to 67.3, for an appropriate drop of 2.9% and 10.5%.