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.