The US five-year inflation outlook, as compiled by the survey of the University of Michigan, was revised to 3.3% in February from an earlier estimate of 3.4%, matching January's reading. Michigan 5 Year Inflation Expectations in the United States averaged 3.20 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. source: University of Michigan



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-06 03:00 PM
Michigan 5 Year Inflation Expectations Prel
Feb 3.4% 3.3% 3.3%
2026-02-20 03:00 PM
Michigan 5 Year Inflation Expectations Final
Feb 3.3% 3.3% 3.4% 3.4%
2026-03-13 02:00 PM
Michigan 5 Year Inflation Expectations Prel
Mar 3.3% 3.4%


Related Last Previous Unit Reference
CPI 325.25 324.05 points Jan 2026
Core Consumer Prices 332.79 331.81 points Jan 2026
Core Inflation Rate YoY 2.50 2.60 percent Jan 2026
Core Inflation Rate MoM 0.30 0.20 percent Jan 2026
Core PCE Price Index 127.92 127.47 points Dec 2025
Core PCE Price Index YoY 3.00 2.83 percent Dec 2025
Core PCE Price Index MoM 0.40 0.20 percent Dec 2025
Core PCE Prices QoQ 2.70 2.90 percent Dec 2025
Core Producer Prices 151.41 150.21 points Jan 2026
Core PPI MoM 0.80 0.60 percent Jan 2026
Core PPI YoY 3.60 3.30 percent Jan 2026
CPI Core Core YoY 2.40 2.30 percent Jan 2026
CPI Housing Utilities 352.54 351.07 points Jan 2026
CPI Median 3.00 3.10 percent Jan 2026
CPI s.a 326.59 326.03 points Jan 2026
CPI Transportation 267.52 268.63 points Jan 2026
CPI Trimmed-Mean 2.70 2.90 percent Jan 2026
Energy Inflation -0.10 2.30 Percent Jan 2026
Export Prices 155.60 154.60 points Jan 2026
Export Prices MoM 0.60 0.60 percent Jan 2026
Export Prices YoY 2.60 3.40 percent Jan 2026
Food Inflation 2.90 3.10 percent Jan 2026
GDP Price Index 129.43 128.25 points Sep 2025
Import Prices 141.70 141.40 points Jan 2026
Import Prices MoM 0.20 0.20 percent Jan 2026
Import Prices YoY -0.10 0.00 percent Jan 2026
Consumer Inflation Expectations 3.10 3.40 percent Jan 2026
Inflation Rate YoY 2.40 2.70 percent Jan 2026
Inflation Rate MoM 0.20 0.30 percent Jan 2026
Michigan 5 Year Inflation Expectations 3.30 3.30 percent Feb 2026
Michigan Inflation Expectations 3.40 4.00 percent Feb 2026
PCE Price Index 128.61 128.15 points Dec 2025
PCE Price Index YoY 2.90 2.80 percent Dec 2025
PCE Price Index MoM 0.40 0.20 percent Dec 2025
PCE Prices QoQ 2.90 2.80 percent Dec 2025
PPI Ex Food Energy and Trade Services 139.34 138.91 points Jan 2026
PPI Ex Food, Energy and Trade MoM 0.30 0.30 percent Jan 2026
PPI Ex Food, Energy and Trade YoY 3.40 3.50 percent Jan 2026
PPI MoM 0.50 0.40 percent Jan 2026
PPI 152.17 151.45 points Jan 2026
PPI YoY 2.90 3.00 percent Jan 2026
Rent Inflation 3.00 3.20 percent Jan 2026
Services Inflation 3.20 3.30 Percent Jan 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