US 1-year expected inflation at 4.3%... down 0.4%p from October
Original headline미국 1년 기대인플레이션 4.3%…10월보다 0.4%p 낮아져
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US one-year inflation expectations fell to 4.3% in the University of Michigan's preliminary November consumer sentiment survey, down 0.4 percentage points from October's 4.7% and the lowest reading since August, though still above the 3.4% recorded in February and every monthly reading in 2024. The survey's five-to-ten-year longer-run inflation expectations also eased to 3.4% from 3.5% in October. The pullback in near-term price expectations matters as a gauge of consumer sentiment and a signal for how households may pace spending into the holiday season. Watch the final November reading and the long-run measure for confirmation that the disinflation in expectations holds.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
University of Michigan, US consumers