UoM 5-year Consumer Inflation Expectation

The University of Michigan's Survey of Consumers includes a long-run, five-year, inflation expectation component that the Fed uses when calculating its quarterly Index of Common Inflation Expectations.

Most recent - Friday 22 November 2024 15:00

Previous
3.1%
Forecast
3.1%
Actual
3.2%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Friday 6 December 2024 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for UoM 5-year Consumer Inflation Expectation yet - check back for updates.

Trading range

Forecast history

The most recent announced value for UoM 5-year Consumer Inflation Expectation was 3.2% against a forecast of 3.1%.

Past events

Date
Forecast
Actual
Friday 22 November 2024 15:00
3.1%
3.2%
Friday 8 November 2024 15:00
-
3.1%
Friday 25 October 2024 14:00
3%
3%
Friday 11 October 2024 14:00
-
3%
Friday 27 September 2024 14:00
3.1%
3.1%
Friday 13 September 2024 14:00
-
3.1%
Friday 30 August 2024 14:00
3%
3%
Friday 16 August 2024 14:00
-
3%
Friday 26 July 2024 14:00
2.9%
3%
Friday 12 July 2024 14:00
-
2.9%
Friday 28 June 2024 14:00
3.1%
3%
Friday 14 June 2024 14:00
-
3.1%
Friday 24 May 2024 14:00
3.1%
3%
Friday 10 May 2024 14:00
-
3.1%
Friday 26 April 2024 14:00
3%
3%
Friday 12 April 2024 14:00
-
3%
Thursday 28 March 2024 14:00
-
2.8%
Friday 15 March 2024 14:00
-
2.9%
Friday 1 March 2024 15:00
-
2.9%
Friday 16 February 2024 15:00
-
2.9%
Friday 2 February 2024 15:00
-
2.9%
Friday 19 January 2024 15:00
-
2.8%
Friday 22 December 2023 15:00
2.8%
2.9%
Friday 8 December 2023 15:00
-
2.8%
Wednesday 22 November 2023 15:00
3.2%
3.2%
Friday 10 November 2023 15:00
-
3.2%
Friday 27 October 2023 14:00
3%
3%
Friday 13 October 2023 14:00
-
3%
Friday 29 September 2023 14:00
2.7%
2.8%
Friday 15 September 2023 14:00
-
2.7%
Friday 25 August 2023 14:00
2.9%
3%
Friday 11 August 2023 14:00
3%
2.9%
Friday 28 July 2023 14:00
3.1%
3%
Friday 14 July 2023 14:00
3.1%
3.1%
Friday 30 June 2023 14:00
-
3%
Friday 16 June 2023 14:00
3.1%
3%
Friday 26 May 2023 14:00
-
3.1%
Friday 12 May 2023 14:00
-
3.2%
Friday 28 April 2023 14:00
-
3%
Friday 14 April 2023 14:00
-
2.9%
Friday 31 March 2023 14:00
-
2.9%
Friday 17 March 2023 14:00
-
2.8%
Friday 24 February 2023 15:00
2.9%
2.9%
Friday 10 February 2023 15:00
-
2.9%
Friday 27 January 2023 15:00
-
2.9%
Friday 13 January 2023 15:00
-
3%
Friday 23 December 2022 15:00
-
2.9%
Friday 9 December 2022 15:00
-
3%
Wednesday 23 November 2022 15:00
-
3%
Friday 11 November 2022 15:00
-
3%
Friday 28 October 2022 14:00
-
2.9%
Friday 14 October 2022 14:00
-
2.9%
Friday 30 September 2022 14:00
-
2.7%
Friday 16 September 2022 14:00
-
2.8%
Friday 26 August 2022 14:00
-
2.9%
Friday 12 August 2022 14:00
-
3%
Friday 29 July 2022 14:00
-
2.9%
Friday 15 July 2022 14:00
-
2.8%
Friday 24 June 2022 14:00
-
3.1%
Friday 10 June 2022 14:00
-
3.3%
Friday 27 May 2022 14:00
-
3%
Friday 13 May 2022 14:00
-
3%
Friday 29 April 2022 14:00
-
3%
Thursday 14 April 2022 14:00
-
3%
Friday 25 March 2022 14:00
-
3%
Friday 11 March 2022 15:00
-
3%
Friday 25 February 2022 15:00
-
3%
Friday 11 February 2022 15:00
-
3.1%
Friday 28 January 2022 15:00
-
3.1%
Friday 14 January 2022 15:00
-
3.1%
Thursday 23 December 2021 15:00
-
2.9%
Friday 10 December 2021 15:00
-
3%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next UoM 5-year Consumer Inflation Expectation result:

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Gross Domestic Product Price IndexBullish change1.8%1.9%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%
Michigan Consumer Sentiment IndexBearish change7371.8
S&P Global Composite PMIBullish change54.155.3
S&P Global Manufacturing PMIBullish change48.548.8
S&P Global Services PMIBullish change5557
Existing Home Sales Change (MoM)Bullish change-1.3%3.4%
Initial Jobless ClaimsBullish change219K213K
Philadelphia Fed Manufacturing SurveyBearish change10.3-5.5
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%

About UoM 5-year Consumer Inflation Expectation

Country:United States
Currency:USD
Source:University of Michigan
Category:Consumption
Frequency:Monthly
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