Center for Microeconomic Data

Inflation Expectations Continue to Move Up
The August 2021 Survey of Consumer Expectations shows that short- and medium-term inflation expectations rose to new series highs of 5.2 percent and 4.0 percent, respectively. Home price growth expectations continued to moderate in August but remain elevated. Households’ perceptions about their current financial situations improved, and income growth expectations rose to a new series high.

For more details:
Press Release: Further Rise in Consumers’ Short- and Medium-Term Inflation Expectations
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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