U.S. Macro Indicator
Next release: not yet scheduled
Latest reading: 4.8 % (2026-05-01).
University of Michigan survey median expected price change over the next 12 months. Rising short-term inflation expectations can feed into wage bargaining and spending behavior, and factor into the Fed's read on whether expectations remain anchored.
| Period | Value | |
|---|---|---|
| 2026-05-01 | 4.8 % | |
| 2026-04-01 | 4.7 % | |
| 2026-03-01 | 3.8 % | |
| 2026-02-01 | 3.4 % | |
| 2026-01-01 | 4.0 % | |
| 2025-12-01 | 4.2 % | |
| 2025-11-01 | 4.5 % | |
| 2025-10-01 | 4.6 % | |
| 2025-09-01 | 4.7 % | |
| 2025-08-01 | 4.8 % | |
| 2025-07-01 | 4.5 % | |
| 2025-06-01 | 5.0 % |