Consumer Inflation Expectations Surge

This is a news story, published by CNBC, that relates primarily to The University of Michigan news.

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inflation rate

CNBC

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Business

Business & Economics

Consumer inflation fears spike in February as tariff worries hit sentiment

Summary

Nutrition label

82% Informative

The University of Michigan consumer survey for February showed that respondents expect inflation a year from now to be 4.3% , a 1 percentage point jump from January and the highest since November 2023 .

Stocks turned lower after the report, with the Dow Jones Industrial Average initially off more than 100 points.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech