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<Econ>US May 1-yr Inflation Expectation Falls to 3.2%, 3-mth Low
US consumer inflation expectations for the year ahead fell to 3.2% in May, from 3.6% in April, the lowest level in 3 months, according to data from the Federal Reserve Bank of New ...
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<Econ>US May 1-yr Inflation Expectation Falls to 3.2%, 3-mth Low
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US consumer inflation expectations for the year ahead fell to 3.2% in May, from 3.6% in April, the lowest level in 3 months, according to data from the Federal Reserve Bank of New York.

Regarding expectations for changes in commodity prices over the year ahead, gas slipped by 0.8 ppts to 2.7%, medical care decreased by 1.3 ppts to 7.4%, college education dropped by 1.6 ppts to 7.5%, and rent declined by 0.6 ppts to 8.4%.

On the other hand, expectations for food price changes over the year-ahead rose by 0.4 ppts to 5.5%, the highest level since October 2023.
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