Golden Finance reported that US consumer confidence fell to a seven-month low in early February, with the initial value of the University of Michigan's February consumer confidence index falling 3.3 points to 67.8. The data is lower than expected by all economists surveyed. The inflation outlook faces numerous uncertainties as U.S. President Donald Trump advances tariff measures. If all relevant taxes on major U.S. trading partners are in effect and lead to price increases, it could drag down consumer spending. The survey shows that the shopping prosperity indicators for large items fell by 12 percentage points compared with the previous month. In addition, overall confidence among all political factions has declined. The current situation indicator fell from 74 to a three-month low of 68.7; the expected indicator fell to 67.3, the lowest since November 2023. Indicators reflecting personal financial expectations fell to their lows since October 2023 in early February. Indicators that measure economic outlook for the next year have also declined.