A woman walks in an alley of a Walmart supermarket in Houston, Texas, May 15, 2025.
Ronaldo Schemidt | AFP | Getty images
American consumers are becoming more and more worried that prices lead to higher inflation, according to a survey by the University of Michigan published on Friday.
The feeling of consumer feeling fell to 50.8, down compared to 52.2 in April, in preliminary reading of May. It is the lowest second reading ever recorded, behind June 2022.
The prices of price changes have also evolved in the wrong direction. Inflation expectations of the year reached 7.3%, against 6.5% last month, while long -term inflation expectations reached 4.6% against 4.4%.
However, the majority of the survey was carried out before the United States and China announced a 90-day break on most prices between the two countries. The commercial situation seems to be a key factor on the feeling of consumers.
“The prices have been spontaneously mentioned by almost three -quarters of consumers, against almost 60% in April; uncertainty about trade policy continues to dominate consumers’ reflection on the economy,” said consumers Joanne HSU in the press release.
Inflation expectations are closely monitored by investors and decision -makers. The president of the federal reserve, Jerome Powell, said that the central bank wanted to ensure that long -term inflation expectations do not increase due to prices before resuming the rate reductions.
A final index of consumer feelings for the month should be published on May 30 and will probably be closely monitored to see if the price break has resulted in an improvement in feeling.
This is a news. Please update updates.
