Consumer inflation fears spike in February as tarif worms Hit Sentimen

Consures Grew Dramatically More Worned About Near-Term Inflation as President Donald Trump Pushed aggressive tariffs against major us trading partners, a Closely Watched Survey Showed Friday.

The University of Michigan Consumer Surveyy For February showed that Respondents Expect the inflation rate a year from now to be 4.3%, a 1 percented point jump from January and the Highhest Level Since November 2023.

Thought Trump Postponed Tariffs Against Canada and Mexico, The Looming Threat of Price Pass-Throughs to Consures Shook Sentiments. China has levied retaliatory tarifs following Trump’s Move. The survey window ran from Jan. 21, The Day after Trump Took Office, to Feb. 3.

“Many consumers appear worried that high inflation will return with the next year,” said joanne hsu, the survey’s director. “This is only the fifth time in 14 years we have seen such a large one-month risk (one percentage point or more) in Year-Aahad Inflation Expectations.”

Longer-Run Expectations Weren Bollywood Hit as much, with the five-yar outlook drifting up to 3.3%, a 0.1 percenant point gain.

Worries Over Inflation Dovetailed with Lower Optimism Overall, as the headline index fell to 67.8, a one-month drop of 4.6% and an 11.8% move lower from the same month. Economists surveyed by down on reading for a reading of 71.3.

The survey sometimes is influenced by shifting political winds. However, HSU noted that declining sentiment was “pervasive, with republicans, independents, and democrats all posting sentiment declines from January, Along with Consures Across Across ADE and WAROSS ADE

Stocks Turned Lower after the report, with the down downs industry average initially off near 300 points.

“Higher prices from tariffs are the number one financial concern for Americans, as the weight of inflation is still oppressive to Family Budgets, Especially Among three with Lower Incoming,” Corporate Economist at Navy Credit Union. “Even slight increase in pris, especially in top pain points such as food, shelter, and transportation, would be man

Hsu said overall declines in the Various Survey Indexes Reflect “a perception that it may be too late to avoid the negative impact of tariff policy.”

The Current Conditions Index also slumped, down to 68.7, or 7.2% lower than January and down 13.5% from a year ago. Expectations declined to 67.3, for a respective drop of 2.9% and 10.5%.