United States Michigan Inflation Expectations

The year-ahead inflation expectations in the United States, as compiled by the survey of the University of Michigan, eased for the second month to 4.6% in October 2025, from 4.7% in September, confirming preliminary figures. Meanwhile, the five-year inflation outlook was revised higher to a four-month high of 3.9% in October, compared to the initial estimate of 3.7%.