In May, the consumer’s sense of inflation falls after the tariffs of Americans

According to the University of Michigan, US consumers are very concerned about increasingly inflation questionnaire Released on Friday.

The index of the consumer fell from 52.2 in April to 50.8 in the initial reading in May. This is behind the June 2022, the second lowest reading in the record.

The worldview for price changes also moved in the wrong direction. The last month increased from 6.5% to 7.3% last month, and long-term inflation expectations increased by 4.6% to 4.6%.

But the majority of the survey completed before announcing the United States and China 90-day break in tariffs between the two countries. The trade situation seems to be a key factor weighing in the consumer feel.

“Tariffs were discussed in April to three-quarters of consumers in April.

Inflation expectations are closely monitored by investors and politicians. Federal Reserve Chair Jerome powder The Central Bank said he did not climb due to tariffs before the assessment rate of long-term inflation expectations.

The effective tariff rate of goods entering the United States is higher than the president in terms of import money against China and other countries Donald TrumpIn January ina. On both sides of the aisle, economists say the balances can lead to price growth in the fact that the tariffs can cause short-term rising and long-term inflation.

The latest inflation data did not show both tariff bump Consumer price index And the producer price index entered under consensus assessments for April.

The monthly recent consumer feeling index will be released on May 30 and probably will be closely monitored to see if the tariff breaks improve.