Consumer inflation fears the increase in February as rates care about feeling

Consumers grew dramatically more concerned with short -term inflation as president Donald Trump He pushed aggressive tariffs against the main US business partners, showed a survey close on Friday.

He Consumer Survey of the University of Michigan For February, he showed that respondents hope that the inflation rate per year from now on is 4.3%, a percentage of 1 percentage since January and the highest level since November 2023.

Although Trump postponed tariffs against Canada and Mexico, the imminent threat of price passes for consumers shook the feeling. China has collected retaliation rates after Trump’s move.

“Many consumers seem worried that high inflation returns within next year,” said Joanne Hsu, director of the survey. “This is only the fifth time in 14 years that we have seen such a large month increase (a percentage or more point) in the inflation expectations of the entire year.”

Longer expectations were not affected so much, with the five -year perspective that moved up to 3.3%, a gain of 0.1 percentage points.

The stocks became lower After the report, with the Dow Jones industrial average initially out of more than 100 points.

Inflation concerns fit with a lower optimism in general, since the holders index fell to 67.8, a month of 4.6% and a movement of 11.8% lower than the same month of the previous year. The economists surveyed by Dow Jones had been looking for a reading of 71.3.

HSU said that the general decreases in the various survey rates reflect “a perception that it can be too late to avoid the negative impact of tariff policy.”

The current conditions also fell, up to 68.7, or 7.2% lower than in January and 13.5% less than a year ago. The expectations decreased to 67.3, for a respective fall of 2.9% and 10.5%.