This indicator measures the rate at which consumers and businesses expect prices to rise in the future. It is a key forward-looking metric that central banks use to gauge the risk of an inflation spiral. High expectations can lead to actual inflation as workers demand higher wages and firms raise prices in anticipation of higher costs.
Derived from surveys asking respondents about their price outlook over the next 1 to 5 years, often expressed as a percentage.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 20, 2026 | 4.90 | — | — |
| Jul 16, 2026 | 4.70 | — | — |
| Jun 11, 2026 | 5.50 | — | — |
| May 21, 2026 | 5.60 | — | — |
| Apr 16, 2026 | 5.90 | — | — |
| Mar 12, 2026 | 5.20 | — | — |
| Mar 11, 2026 | 5.20 | — | — |
| Feb 12, 2026 | 5.00 | — | — |
| Jan 15, 2026 | 4.60 | — | — |
| Oct 9, 2025 | 4.80 | — | — |
| Sep 11, 2025 | 4.70 | — | — |
| Jul 17, 2025 | 4.70 | — | — |
| Jun 12, 2025 | 5.00 | — | — |
| Apr 10, 2025 | 4.20 | — | — |
| Jan 16, 2025 | 4.00 | — | — |
| Dec 19, 2024 | 4.20 | — | — |
| Nov 14, 2024 | 3.80 | — | — |
| Sep 12, 2024 | 4.40 | — | — |
| Aug 15, 2024 | 4.50 | — | — |