US Revised UoM Inflation Expectations
Track US Revised UoM Inflation Expectations to gauge future wage demands and price stability.
Overview
Anticipations regarding future inflation can lead to actual inflation, mainly because employees often demand higher wages when they expect prices to rise. The 'Previous' figure refers to the 'Actual' from the Preliminary report, making the 'History' data seem unrelated. This data is released in two stages approximately 15 days apart — Preliminary and Revised, with the Preliminary release being the first and generally having a greater influence.
Key Information
What it Measures
The percentage of consumers who anticipate changes in the prices of goods and services over the next 12 months.
Usual Effect
If the 'Actual' figure exceeds the 'Forecast,' it is favorable for the currency.
Source & Frequency
University of Michigan (latest release) - https://umich.edu/ • This data is published monthly, typically on the final Friday of the month.
How Data is Derived
Survey of about 800 consumers which asks respondents where they expect prices to be 12 months in the future
Also Known As
N/A
Acronym
University of Michigan (UoM)