US consumers’ five-year-ahead inflation expectations, as measured by the University of Michigan Surveys of Consumers, held at 3.3% in August 2026, matching the readings for June and July and the preliminary estimate. source: University of Michigan

Michigan 5 Year Inflation Expectations in the United States averaged 3.21 percent from 1979 until 2026, 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 September of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 02:00 PM
Michigan 5 Year Inflation Expectations Prel
Aug 3.3% 3.3% 3.2%
2026-08-28 02:00 PM
Michigan 5 Year Inflation Expectations Final
Aug 3.3% 3.3% 3.3% 3.3%
2026-09-11 02:00 PM
Michigan 5 Year Inflation Expectations Prel
Sep 3.3% 3.2%


Related Last Previous Unit Reference
CPI 333.92 333.95 points Jul 2026
Core Consumer Prices 337.13 336.07 points Jul 2026
Core Inflation Rate YoY 2.50 2.60 percent Jul 2026
Core Inflation Rate MoM 0.20 0.00 percent Jul 2026
Core PCE Price Index 130.66 130.34 points Jul 2026
Core PCE Price Index YoY 3.30 3.30 percent Jul 2026
Core PCE Price Index MoM 0.20 0.10 percent Jul 2026
Core PCE Prices QoQ 3.60 4.40 percent Jun 2026
Core Producer Prices 154.45 154.08 points Jul 2026
Core PPI MoM 0.20 0.40 percent Jul 2026
Core PPI YoY 4.20 4.70 percent Jul 2026
CPI Core Core YoY 2.20 2.30 percent Jul 2026
CPI Housing Utilities 359.56 359.19 points Jul 2026
CPI Median 2.70 2.70 percent Jul 2026
CPI s.a 332.81 332.57 points Jul 2026
CPI Transportation 289.42 291.23 points Jul 2026
CPI Trimmed-Mean 2.60 2.60 percent Jul 2026
Energy Inflation 14.70 15.70 Percent Jul 2026
Export Prices 165.40 167.60 points Jul 2026
Export Prices MoM -1.30 -0.70 percent Jul 2026
Export Prices YoY 8.20 10.00 percent Jul 2026
Food Inflation 3.00 3.00 percent Jul 2026
GDP Price Index 133.86 131.78 points Jun 2026
Import Prices 149.60 150.20 points Jul 2026
Import Prices MoM -0.40 -0.30 percent Jul 2026
Import Prices YoY 5.90 7.10 percent Jul 2026
Consumer Inflation Expectations 3.60 3.60 percent Aug 2026
Inflation Rate YoY 3.40 3.50 percent Jul 2026
Inflation Rate MoM 0.10 -0.40 percent Jul 2026
Michigan 5 Year Inflation Expectations 3.30 3.30 percent Aug 2026
Michigan Inflation Expectations 4.00 4.20 percent Aug 2026
PCE Price Index 131.66 131.45 points Jul 2026
PCE Price Index YoY 3.70 3.70 percent Jul 2026
PCE Price Index MoM 0.20 -0.10 percent Jul 2026
PCE Prices QoQ 5.30 4.60 percent Jun 2026
PPI Ex Food Energy and Trade Services 142.91 142.41 points Jul 2026
PPI Ex Food, Energy and Trade MoM 0.40 0.10 percent Jul 2026
PPI Ex Food, Energy and Trade YoY 4.70 5.00 percent Jul 2026
PPI MoM 0.00 -0.10 percent Jul 2026
PPI 156.56 156.61 points Jul 2026
PPI YoY 4.70 5.50 percent Jul 2026
Shelter Inflation 3.20 3.30 percent Jul 2026
Services Inflation 3.10 3.20 Percent Jul 2026


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
3.30 3.30 9.70 2.20 1979 - 2026 percent Monthly
1966Q1=100, NSA