US Prelim UoM Inflation Expectations
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;
There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact;
- US Prelim UoM Inflation Expectations Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 6, 2024 | 2.9% | 2.6% | |
| Nov 8, 2024 | 2.6% | 2.7% | |
| Oct 11, 2024 | 2.9% | 2.7% | |
| Sep 13, 2024 | 2.7% | 2.8% | |
| Aug 16, 2024 | 2.9% | 2.9% | |
| Jul 12, 2024 | 2.9% | 3.0% | |
| Jun 14, 2024 | 3.3% | 3.3% | |
| May 10, 2024 | 3.5% | 3.2% |
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- US Prelim UoM Inflation Expectations News
From breakingthenews.net|Dec 6, 2024The Consumer Sentiment Index in the United States rose 3.1% in December compared to the month before, to stand at 74.0, a preliminary report issued by the University of Michigan showed on Friday. On an annual level, the figure surged by 6.2%. The Current Economic Conditions Index jumped 21.6% in the reported month compared to November and climbed by 6% compared to December 2023, amounting to 77.7 points. The Index of Consumer Expectations plunged by 6.9% on a monthly basis and rose 6.2% on a yearly basis, coming in at 71.6. ...
From breakingthenews.net|Nov 8, 2024The Consumer Sentiment Index in the United States rose in November compared to the previous month to land at 73.0, according to a preliminary report published by the University of Michigan on Friday. The figure grew 19.1% compared to the same period of last year. The Current Economic Conditions Index saw a decline of 0.9% compared to the month prior, slumping 5.7% on an annual level, to stand at 64.4. Meanwhile, the Index of Consumer Expectations was up 5.9% on a monthly basis while jumping 38.2% compared to the same period of 2023, ...
From breakingthenews.net|Oct 11, 2024The Consumer Sentiment Index in the United States decreased in October compared to the previous month to land at 68.9, according to a preliminary report published by the University of Michigan on Friday. The figure grew 8.8% compared to the same period of last year. The Current Economic Conditions Index saw a decline of 0.9% compared to the month prior, slumping 11.2% on an annual level, to stand at 62.7. Meanwhile, the Index of Consumer Expectations was down 2.0% on a monthly basis while jumping 22.9 compared to the same period of ...
- From fxstreet.com|Sep 13, 2024|7 comments
Consumer confidence in the US improved slightly in early September, with the University of Michigan's Consumer Sentiment Index edging higher to 69 from 67.9 in August. This reading came in above the market expectation of 68. The Current Conditions Index rose to 62.9 from 61.3 and the Consumer Expectations Index improved to 73 from 72.1. The details of the survey showed that the one-year inflation expectation edged lower to 2.7% from 2.8, while the five-year inflation outlook increased to 3.1% from 3%. These data failed to trigger a ...
- From forexlive.com|Aug 16, 2024
Consumer survey from the University of Michigan • July final was 71.6 • Current conditions 60.9 vs 76.6 prior • Expectations 72.1 vs 68.3 prior • 1-year inflation 2.9% vs 2.9% prior • 5-10 year inflation 3.0% vs 3.0% prior. • Overall, expectations strengthened for both personal finances and the five-year economic outlook (highest reading in four months). Yesterday's retail sales report was strong and Walmart executives repeatedly described a stable and resilient consumer so I have a hard time putting any weight on this survey, which ...
- From breakingthenews.net|Jul 12, 2024|1 comment
The Consumer Sentiment Index in the United States declined 3.2% in July compared to the month prior to stand at 66, a preliminary report released by the University of Michigan showed on Friday. The figure also tumbled by 7.7% on an annual level. The Current Economic Conditions Index fell 2.7% in the reported period compared to June and decreased by 16.2% from July 2023, amounting to 64.1 points. The Index of Consumer Expectations decreased by 3.4% on a monthly basis and by 1.6% on a yearly basis, coming in at 67.2. "Year-ahead ...
- From forexlive.com|Jun 14, 2024|4 comments
The June 2024 UMich June preliminary consumer sentiment reading • Prior was 67.4 • Current conditions 62.5 vs 68.8 prior • Expectations 67.6 vs 66.5 prior • 1-year inflation 3.3% vs 3.5% prior • 5-year inflation 3.1% vs 3.1% priorConsumer Sentiment Declined 5.1% to 65.6 in June Consumer sentiment declined 5.1% to 65.6 in June, according to preliminary results from the University of Michigan Survey of Consumers. This represents a 2.2% increase year over year. “Consumer sentiment was little changed in June; this month’s ...
From cnbc.com|May 10, 2024Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday. The University of Michigan Survey of Consumers sentiment index for May posted an initial reading of 67.4 for the month, down from 77.2 in April and well off the Dow Jones consensus call for 76. The move represented a one-month decline of 12.7% but a year-over-year gain of 14.2%. Along with the downbeat sentiment measure, the outlook for inflation across the one- and ...
| Released on Dec 6, 2024 |
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| Released on Nov 8, 2024 |
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| Released on Oct 11, 2024 |
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| Released on Sep 13, 2024 |
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| Released on Aug 16, 2024 |
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| Released on Jul 12, 2024 |
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| Released on Jun 14, 2024 |
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| Released on May 10, 2024 |
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- Details