The University of Michigan's gauge for five-year inflation expectations in the United States rose to 3.1% in May 2023, the highest since June 2022, from 3% in the previous month and below preliminary estimates of 3.2%. source: University of Michigan
Michigan 5 Year Inflation Expectations in the United States averaged 3.20 percent from 1979 until 2023, 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 June of 2023.