Source | |
Measures | Percentage that consumers expect the price of goods and services to change during the next 12 months; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, usually the second Thursday after the month ends; |
Next Release | |
FF Notes | Full reports are only available to Melbourne Institute subscribers. Source changed series calculation formula as of May 2014; |
Why Traders Care | Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; |
Also Called | Consumer Inflation Expectations; |
Acro Expand | Melbourne Institute (MI); |