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.

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United States Michigan 5-Year Inflation Expectations



Calendar GMT Actual Previous Consensus TEForecast
2023-05-12 02:00 PM Michigan 5 Year Inflation Expectations Prel May 3.2% 3% 3.0%
2023-05-26 02:00 PM Michigan 5 Year Inflation Expectations Final May 3.1% 3.0% 3.2%
2023-06-16 02:00 PM Michigan 5 Year Inflation Expectations Prel Jun 3.1%


Related Last Previous Unit Reference
Michigan Inflation Expectations 4.20 4.60 percent May 2023
Michigan 5 Year Inflation Expectations 3.10 3.00 percent May 2023

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
3.10 3.00 9.70 2.20 1979 - 2023 percent Monthly
1966Q1=100, NSA