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.

Next event - Friday 28 June 2024 14:00

Previous
3.1%
Forecast
3.1%
Actual
-

The typical/expected impact on USD pairs is medium.

The consensus forecast for UoM 5-year Consumer Inflation Expectation is 3.1%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Friday 14 June 2024 14:00

Previous
3%
Forecast
-
Actual
3.1%

Trading range

Forecast history

The most recent announced value for UoM 5-year Consumer Inflation Expectation was 3.1%.

Past events

Date
Forecast
Actual
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%
Wednesday 24 November 2021 15:00
-
3%
Friday 12 November 2021 15:00
-
2.9%
Friday 29 October 2021 14:00
-
2.9%
Friday 15 October 2021 14:00
-
2.8%
Friday 1 October 2021 14:00
-
3%
Friday 17 September 2021 14:00
-
2.9%
Friday 27 August 2021 14:00
-
2.9%
Friday 13 August 2021 14:00
-
3%
Friday 30 July 2021 14:00
-
2.8%
Friday 16 July 2021 14:00
-
2.9%

Economic context

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

PreviousLatest
Pending Home Sales (MoM)Bullish change-7.7%-2.1%
Core Personal Consumption Expenditures (QoQ)Bullish change3.6%3.7%
Durable Goods OrdersBearish change0.6%0.1%
Durable Goods Orders ex DefenseBearish change0%-0.2%
Durable Goods Orders ex TransportationBearish change0.4%-0.1%
Gross Domestic Product AnnualizedBullish change1.3%1.4%
Gross Domestic Product Price Index(no change)3.1%3.1%
Initial Jobless ClaimsBullish change238K233K
Nondefense Capital Goods Orders ex AircraftBearish change0.2%-0.6%
Personal Consumption Expenditures Prices (QoQ)Bullish change3.3%3.4%
New Home Sales Change (MoM)Bearish change2%-11.3%
Housing Price Index (MoM)Bullish change0%0.2%
Existing Home Sales Change (MoM)Bullish change-1.9%-0.7%
S&P Global Composite PMIBullish change54.554.6
S&P Global Manufacturing PMIBullish change51.351.7
S&P Global Services PMIBullish change54.855.1
Building Permits (MoM)Bearish change1.44M1.386M
Housing Starts (MoM)Bearish change1.352M1.277M
Initial Jobless ClaimsBullish change243K238K
Philadelphia Fed Manufacturing SurveyBearish change4.51.3
Industrial Production (MoM)Bullish change0%0.9%
Retail Sales (MoM)Bullish change-0.2%0.1%
Retail Sales Control GroupBullish change-0.5%0.4%
Retail Sales ex Autos (MoM)(no change)-0.1%-0.1%
NY Empire State Manufacturing IndexBullish change-15.6-6
Michigan Consumer Sentiment IndexBearish change69.165.6

About UoM 5-year Consumer Inflation Expectation

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