Revised UoM Inflation Expectations

Source
MeasuresPercentage 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;
FrequencyReleased monthly, usually on the last Friday of the current month;
Next Release
FF NotesThe 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this data released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have more impact;
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;
Derived ViaSurvey of about 500 consumers which asks respondents where they expect prices to be 12 months in the future;
Acro ExpandUniversity of Michigan (UoM);