United States Michigan Inflation Expectations

The year-ahead inflation expectations in the United States climbed further to 4.9% in March 2025, the steepest since November 2022, accelerating from February's 4.3%, according to the preliminary estimate from the University of Michigan Consumer Survey. This marks the fourth consecutive month of increases. In the meantime, the five-year outlook quickened to 3.9% in March, the highest since February 1993, from 3.5% in the previous month.