2025.10.0715:06:30UTC+00US Consumer Inflation Expectations Rise in September

In September 2025, US consumer inflation expectations for the coming year climbed to 3.4%, marking the highest level in five months, up from 3.2% in August. Consumers anticipate increased prices for various essentials: food prices are expected to rise by 0.3 percentage points, reaching 5.8%—the highest since March 2023. Additionally, gas prices are projected to increase by 0.3 percentage points to 4.2%, while medical care costs are set to climb by 0.5 percentage points to 9.3%. Rent prices are also expected to surge by 1.0 percentage point to 7.0%. Conversely, the anticipated year-ahead change in college education costs decreased by 0.8 percentage points, settling at 7%. Expectations for median home price growth held steady at 3% for the fourth straight month. Looking further ahead, inflation projections over a five-year horizon rose to 3% from 2.9%, while three-year-ahead projections remained steady at 3%. Elsewhere, expectations for earnings growth fell by 0.1 percentage point to 2.4%, marking the lowest figure since April 2021. Predictions for unemployment rose by 2.0 percentage points, reaching 41.1%, while the median expected growth in household income remained unchanged at 2.9%.