New data Michigan 5 Year Inflation Expectations (Jan)

1/10/2025

actual 3.3, previous 3

The event is the Michigan 5 Year Inflation Expectations for January, a report that provides insight into the expected inflation rate over the next five years according to consumers in the United States.

- **Date:** January 10, 2025
- **Country:** United States
- **Currency:** USD
- **Unit:** %
- **Impact:** Low
- **Previous:** 3.0
- **Estimate:** 3.2
- **Actual:** 3.3
- **Change:** +0.3
- **Change Percentage:** +10%

The actual inflation expectation of 3.3% exceeded both the previous value of 3.0% and the estimated value of 3.2%. This indicates that consumers are anticipating a slightly higher inflation rate over the next five years compared to the previous period. The impact of this event on the market is considered low, but it still provides valuable information for analysts and investors to gauge future economic trends and potential monetary policy decisions.

This is not investment advice. Remember to verify the information provided here.