{"id":253680,"date":"2024-08-12T22:57:36","date_gmt":"2024-08-12T22:57:36","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/12\/one-year-ahead-cpi-inflation-expectations-down-in-july-for-consumers-firms-economists\/"},"modified":"2025-06-25T17:12:31","modified_gmt":"2025-06-25T17:12:31","slug":"one-year-ahead-cpi-inflation-expectations-down-in-july-for-consumers-firms-economists","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/12\/one-year-ahead-cpi-inflation-expectations-down-in-july-for-consumers-firms-economists\/","title":{"rendered":"One Year Ahead CPI Inflation Expectations down in July for Consumers, Firms, Economists"},"content":{"rendered":"

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Last one for August (from Survey of Professional Forecasters).<\/p>\n

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Figure 1:<\/strong>\u00a0Year-on-year actual CPI inflation (bold black), and expected inflation from University of Michigan (red), NY Fed (light green), Survey of Professional Forecasters (blue +), Coibion-Gorodnichenko SoFIE mean (sky blue squares), and unit cost growth rate (chartreuse), all in %. Source: BLS, U.Michigan via FRED,\u00a0NY Fed<\/a>,\u00a0Philadelphia Fed<\/a>,\u00a0Atlanta Fed<\/a>,\u00a0Cleveland Fed<\/a>, and author\u2019s calculations.<\/em><\/p>\n

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