US one-year inflation expectations hit 4.6% in September 2026

Sep 25, 2026 14:06 (30d ago)

University of Michigan Surveys of Consumers confirmed higher US one-year inflation expectations for September 2026.
September’s one-year inflation expectation was 4.6%, up from 4% in August.
Five-year inflation expectations reached 3.4%, above 3.3% readings in the prior three months.

U.S. consumers’ year-ahead inflation expectations were confirmed at 4.6% in September 2026, according to the University of Michigan Surveys of Consumers. The reading rose from 4% in August and marked the highest level since June. Five-year inflation expectations stood at 3.4%, matching the preliminary estimate and slightly exceeding the 3.3% reading recorded in each of the previous three months.