The December Consumer Expectations Survey shows that both short and medium-term inflation expectations remain unchanged. One-year and three-year median inflation expectations remained unchanged in December, at 6% and 4%, respectively. Housing price expectations, on the other hand, rose in December but remained below the May 2021 peak. Median home price expectations rose to 5.5% from 5% in November.
Expectations for price changes ahead of the year are 3.5 percentage points (5.7%) for gas prices, 1.4 percentage points (to 7.8%) for food prices, and 1 percentage points (to 7.8%) for the cost of university education. The median expected change in medical care and rental prices remained unchanged at 9.6% and 10%, respectively.
Monthly Survey of Consumer Expectations… Source: New York Fed, Bloomberg
Kaynak Tera Yatırım
Hibya Haber Ajansı
Kaynak: Hibya Haber Ajansı
