United States Inflation Expectations

4.2% −0.4 pt

Jul 2026 · Monthly

Inflation expectations in the United States fell to 4.2% in July 2026 from 4.6% in June. The reading remains well below the all-time high of 10.4% recorded in January 1980 and above the series low of 0.4% from November 2001. The series dates back to January 1978.

United States Inflation Expectations, 1990–2026
ActualPreviousHighestLowestDatesFrequency
4.2%4.6%10.4%Jan 19800.4%Nov 20011978 – 2026Monthly

About this series

Inflation Expectations in United States averaged 3.1% from 1978 until 2026, reaching an all-time high of 10.4% in Jan 1980 and a record low of 0.4% in Nov 2001. The series is reported monthly with history from 1978.

Inflation expectations measure the median expected change in consumer prices over the next year for the United States. The indicator is reported monthly as a percentage. The historical series starts in January 1978 and covers the period onward.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

United States Inflation Expectations FAQ