Center for Microeconomic Data

Short- and Medium-Term Inflation Expectations Continue to Rise
The September 2021 Survey of Consumer Expectations shows short- and medium-term inflation expectations rising to their highest levels since the inception of the survey in 2013. In contrast, year-ahead home price and commodity price expectations all subsided in September. Labor market expectations improved slightly, while household finance expectations (for example, income and spending growth) remained mostly unchanged.

For more details:
Press Release: Consumers’ Inflation Expectations Remain Elevated for the Short- and Medium-Term
Fielding the Survey
The SCE is a nationally representative, Internet-based survey of a rotating panel of approximately 1,300 household heads. Respondents participate in the panel for up to twelve months, with a roughly equal number rotating in and out of the panel each month. Unlike comparable surveys based on repeated cross-sections with a different set of respondents in each wave, our panel enables us to observe the changes in expectations and behavior of the same individuals over time.
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