The continued rise in inflation in America last month, with consumer spending recovery in a limited way

One of the metrics of inflation rate in the United States, which was watched by the Federal Reserve (Central Bank) closely, continued to rise during the past month, and before the effects of most customs duties that US President Donald Trump decided to impose on imports. Consumer spending increased in a limited way during the month to proceed after it fell strongly in the previous month.
The US Department of Trade said today that the consumer price index rose during February by 2.5%, which is the same rate of increase in January.
The main index, which excludes the most volatile goods with energy and food, increased by 2.8%, compared to 2.7% during January.
Inflation still constitutes a major economic concern for most Americans, even with its sharp drop in its peak in 2022. Donald Trump expressed his dissatisfaction with the high prices, and promised to reduce inflation quickly, but the annual rate is now higher than it was in September, when he decreased briefly to 2.1%.
President Trump decided to impose 20% fees on all Chinese products and 25% on US steel and aluminum imports from almost different countries of the world. On Wednesday, he announced his intention to impose another 25% fees on car imports and their components. Most analysts and the Federal Reserve Council expect the high rate of inflation in the United States this year due to customs duties.
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