Inflationmonthly

Michigan Inflation Expectations

University of Michigan 1-year inflation expectations — consumer survey measure.

3.40%

1W +0.00%1M +0.00%3M -15.00%

Updated 38m ago

Updated just now

AI Analysis

Apr 2, 2026

Near-term inflation expectations have re-priced sharply: 5Y breakeven 2.57% (+0.39% 1W, RISING), 10Y breakeven 2.34% (+0.03 1W, STABLE), breakeven inversion (5Y > 10Y by 23bp) confirms near-term supply-shock inflation fears dominate structural concerns. 5Y5Y forward at 2.11% (-0.47% 1W, DECLINING) — long-run inflation expectations are ANCHORED and slightly declining, which is the Fed's critical monitoring variable. Michigan inflation expectations at 3.4% — consumer expectations are running above Fed target but not de-anchoring.

Recent Data

Date	Value	Change
Feb 1, 2026	3.40%	-15.00%
Jan 1, 2026	4.00%	-4.76%
Dec 1, 2025	4.20%	-6.67%
Nov 1, 2025	4.50%	-2.17%
Oct 1, 2025	4.60%	—

Related in Inflation

CPI (All Urban)

Consumer Price Index for all urban consumers — the headline inflation gauge.

Core CPI (ex Food/Energy)

CPI excluding food and energy — less volatile measure of underlying inflation.

PCE Price Index

Personal Consumption Expenditures price index — the Fed's preferred inflation measure.

Core PCE (ex Food/Energy)

Core PCE excluding food and energy — the single most important inflation metric for the Fed.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.