US 1-Year Inflation Outlook Falls to Over 1-Year Low

The year-ahead inflation expectations in the United States, as compiled by the survey of the University of Michigan, was revised slightly down to an over one-year low of 3.4% in February 2026, compared to an earlier estimate of 3.5%, and below January's 4%. In the meantime, the five-year inflation outlook was also revised to 3.3% from an earlier estimate of 3.4%, matching January's reading.

The year-ahead inflation expectations in the United States, as compiled by the survey of the University of Michigan, eased for a sixth straight month to an over one-year low of 3.5% in February 2026, compared to January's 4%, preliminary estimates showed. In the meantime, the five-year inflation outlook increased for the second month to 3.4% from 3.3% in January.

The year-ahead inflation expectations in the United States, as compiled by the survey of the University of Michigan, was revised slightly lower to 4% in January 2026, the lowest in a year, compared to an earlier estimate of 4.2%. The reading was also below December's 4.2%. In the meantime, the five-year inflation outlook came in at 3.3% in January, down slightly from the preliminary reading of 3.4% but above December's 3.2%.