The University of Michigan's gauge for one-year inflation expectations in the United States eased to 4.2% in May 2023, down from 4.6% the month before and below preliminary estimates of 4.5%. source: University of Michigan

Michigan Inflation Expectations in the United States averaged 3.59 percent from 1978 until 2023, reaching an all time high of 10.40 percent in January of 1980 and a record low of 0.40 percent in November of 2001. This page includes a chart with historical data for the United States Michigan Inflation Expectations. United States Michigan 1-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 1-Year Inflation Expectations



Calendar GMT Actual Previous Consensus TEForecast
2023-05-12 02:00 PM Michigan Inflation Expectations Prel May 4.5% 4.6% 4.6%
2023-05-26 02:00 PM Michigan Inflation Expectations Final May 4.2% 4.6% 4.5%
2023-06-16 02:00 PM Michigan Inflation Expectations Prel Jun 4.2% 4%


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 1-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
4.20 4.60 10.40 0.40 1978 - 2023 percent Monthly
1966Q1=100, NSA