Center for Microeconomic Data

Inflation Expectations Decline Slightly at the Short-, Long-Term Horizons, Remain Unchanged at the Medium-Term Horizon
Median inflation expectations declined slightly to 3.6 percent and 2.7 percent at the one- and five-year-ahead horizons, respectively, but were unchanged at 3.0 percent at the three-year-ahead horizon, according to the October Survey of Consumer Expectations. Median year-ahead expected price changes increased for gas, a college education, and medical care, but remained flat for rent and food. Households’ expectations of future income and spending growth were largely stable.

For more details:
Press Release: Consumers’ Expectations Largely Stable in October
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.
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close