The University of Michigan consumer sentiment survey showed that Americans expect inflation of 2.7% annually between 5 and 10 years from now, below the 2.9-3.1% range for the first time since July 2021. source: University of Michigan

Michigan 5 Year Inflation Expectations in the United States averaged 3.20 percent from 1979 until 2022, reaching an all time high of 9.70 percent in February of 1980 and a record low of 2.20 percent in December of 2019. This page includes a chart with historical data for the United States Michigan 5-Year Inflation Expectations. United States Michigan 5-Year Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.

Michigan 5 Year Inflation Expectations in the United States is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Michigan 5-Year Inflation Expectations

Related Last Previous Unit Reference
Michigan Inflation Expectations 4.70 4.80 percent Sep 2022
Michigan 5 Year Inflation Expectations 2.70 2.90 percent Sep 2022

United States Michigan 5-Year Inflation Expectations
The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.90 9.70 2.20 1979 - 2022 percent Monthly
1966Q1=100, NSA