{"seriesId":"MICH","title":"University of Michigan: Inflation Expectation","units":"Percent","frequency":"Monthly","seasonalAdjustment":"Not Seasonally Adjusted","lastUpdated":"2026-03-27 10:02:40-05","source":"Federal Reserve Economic Data (FRED) — ","notes":"Median expected price change next 12 months, Surveys of Consumers. The most recent value is not shown due to an agreement with the source.\n\nThis data should be cited as follows: \"Surveys of Consumers, University of Michigan, University of Michigan: Inflation Expectation© [MICH], retrieved from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/MICH/, (Accessed on date)\"\n\nCopyright, 2016, Surveys of Consumers, University of Michigan. Reprinted with permission.","observations":[{"date":"2014-01-01","value":3.1},{"date":"2014-02-01","value":3.2},{"date":"2014-03-01","value":3.2},{"date":"2014-04-01","value":3.2},{"date":"2014-05-01","value":3.3},{"date":"2014-06-01","value":3.1},{"date":"2014-07-01","value":3.3},{"date":"2014-08-01","value":3.2},{"date":"2014-09-01","value":3},{"date":"2014-10-01","value":2.9},{"date":"2014-11-01","value":2.8},{"date":"2014-12-01","value":2.8},{"date":"2015-01-01","value":2.5},{"date":"2015-02-01","value":2.8},{"date":"2015-03-01","value":3},{"date":"2015-04-01","value":2.6},{"date":"2015-05-01","value":2.8},{"date":"2015-06-01","value":2.7},{"date":"2015-07-01","value":2.8},{"date":"2015-08-01","value":2.8},{"date":"2015-09-01","value":2.8},{"date":"2015-10-01","value":2.7},{"date":"2015-11-01","value":2.7},{"date":"2015-12-01","value":2.6},{"date":"2016-01-01","value":2.5},{"date":"2016-02-01","value":2.5},{"date":"2016-03-01","value":2.7},{"date":"2016-04-01","value":2.8},{"date":"2016-05-01","value":2.4},{"date":"2016-06-01","value":2.6},{"date":"2016-07-01","value":2.7},{"date":"2016-08-01","value":2.5},{"date":"2016-09-01","value":2.4},{"date":"2016-10-01","value":2.4},{"date":"2016-11-01","value":2.4},{"date":"2016-12-01","value":2.2},{"date":"2017-01-01","value":2.6},{"date":"2017-02-01","value":2.7},{"date":"2017-03-01","value":2.5},{"date":"2017-04-01","value":2.5},{"date":"2017-05-01","value":2.6},{"date":"2017-06-01","value":2.6},{"date":"2017-07-01","value":2.6},{"date":"2017-08-01","value":2.6},{"date":"2017-09-01","value":2.7},{"date":"2017-10-01","value":2.4},{"date":"2017-11-01","value":2.5},{"date":"2017-12-01","value":2.7},{"date":"2018-01-01","value":2.7},{"date":"2018-02-01","value":2.7},{"date":"2018-03-01","value":2.8},{"date":"2018-04-01","value":2.7},{"date":"2018-05-01","value":2.8},{"date":"2018-06-01","value":3},{"date":"2018-07-01","value":2.9},{"date":"2018-08-01","value":3},{"date":"2018-09-01","value":2.7},{"date":"2018-10-01","value":2.9},{"date":"2018-11-01","value":2.8},{"date":"2018-12-01","value":2.7},{"date":"2019-01-01","value":2.7},{"date":"2019-02-01","value":2.6},{"date":"2019-03-01","value":2.5},{"date":"2019-04-01","value":2.5},{"date":"2019-05-01","value":2.9},{"date":"2019-06-01","value":2.7},{"date":"2019-07-01","value":2.6},{"date":"2019-08-01","value":2.7},{"date":"2019-09-01","value":2.8},{"date":"2019-10-01","value":2.5},{"date":"2019-11-01","value":2.5},{"date":"2019-12-01","value":2.3},{"date":"2020-01-01","value":2.5},{"date":"2020-02-01","value":2.4},{"date":"2020-03-01","value":2.2},{"date":"2020-04-01","value":2.1},{"date":"2020-05-01","value":3.2},{"date":"2020-06-01","value":3},{"date":"2020-07-01","value":3},{"date":"2020-08-01","value":3.1},{"date":"2020-09-01","value":2.6},{"date":"2020-10-01","value":2.6},{"date":"2020-11-01","value":2.8},{"date":"2020-12-01","value":2.5},{"date":"2021-01-01","value":3},{"date":"2021-02-01","value":3.3},{"date":"2021-03-01","value":3.1},{"date":"2021-04-01","value":3.4},{"date":"2021-05-01","value":4.6},{"date":"2021-06-01","value":4.2},{"date":"2021-07-01","value":4.7},{"date":"2021-08-01","value":4.6},{"date":"2021-09-01","value":4.6},{"date":"2021-10-01","value":4.8},{"date":"2021-11-01","value":4.9},{"date":"2021-12-01","value":4.8},{"date":"2022-01-01","value":4.9},{"date":"2022-02-01","value":4.9},{"date":"2022-03-01","value":5.4},{"date":"2022-04-01","value":5.4},{"date":"2022-05-01","value":5.3},{"date":"2022-06-01","value":5.3},{"date":"2022-07-01","value":5.2},{"date":"2022-08-01","value":4.8},{"date":"2022-09-01","value":4.7},{"date":"2022-10-01","value":5},{"date":"2022-11-01","value":5},{"date":"2022-12-01","value":4.3},{"date":"2023-01-01","value":3.9},{"date":"2023-02-01","value":4.2},{"date":"2023-03-01","value":3.6},{"date":"2023-04-01","value":4.7},{"date":"2023-05-01","value":4.2},{"date":"2023-06-01","value":3.3},{"date":"2023-07-01","value":3.4},{"date":"2023-08-01","value":3.5},{"date":"2023-09-01","value":3.2},{"date":"2023-10-01","value":4.2},{"date":"2023-11-01","value":4.5},{"date":"2023-12-01","value":3.1},{"date":"2024-01-01","value":2.9},{"date":"2024-02-01","value":3},{"date":"2024-03-01","value":2.9},{"date":"2024-04-01","value":3.2},{"date":"2024-05-01","value":3.3},{"date":"2024-06-01","value":3},{"date":"2024-07-01","value":2.9},{"date":"2024-08-01","value":2.8},{"date":"2024-09-01","value":2.7},{"date":"2024-10-01","value":2.7},{"date":"2024-11-01","value":2.6},{"date":"2024-12-01","value":2.8},{"date":"2025-01-01","value":3.3},{"date":"2025-02-01","value":4.3},{"date":"2025-03-01","value":5},{"date":"2025-04-01","value":6.5},{"date":"2025-05-01","value":6.6},{"date":"2025-06-01","value":5},{"date":"2025-07-01","value":4.5},{"date":"2025-08-01","value":4.8},{"date":"2025-09-01","value":4.7},{"date":"2025-10-01","value":4.6},{"date":"2025-11-01","value":4.5},{"date":"2025-12-01","value":4.2},{"date":"2026-01-01","value":4},{"date":"2026-02-01","value":3.4}],"isDemo":false}