Inflation Expectations by Country
Inflation expectations measure what households, firms, professional forecasters, and the bond market believe inflation will be over different horizons (typically 1, 5, and 5-10 years ahead). Sources include the Michigan survey, the NY Fed survey, ECB SPF, and market-implied breakeven yields.
Why compare Inflation Expectations across countries?
Anchored inflation expectations are central banks' most prized asset. Once expectations un-anchor — meaning households and firms start expecting persistently higher inflation — pricing and wage-bargaining behaviour follows and inflation becomes self-perpetuating. The Fed and ECB watch market and survey measures closely; a meaningful shift in 5y5y expectations typically forces a policy reaction that moves the currency.
How to read the country list
Watch 5y5y forward (the truly long-run gauge) for anchoring; watch 1-year for short-term inflation surprises feeding through to behaviour. Cross-reference market-implied breakevens with survey-based measures — divergence is a useful tell.
Supported countries
Filter by country, currency, source, cadence, or unit.
| Country / Currency | Frequency | Unit | Source | History | Links |
|---|---|---|---|---|---|
|
Australia
AUD / Australian Dollar
|
Quarterly | % | ABS | History from 2022-03-31 (4.2 years) | |
|
Switzerland
CHF / Swiss Franc
|
Quarterly | % | National Statistics Office | History from 2025-12-11 (0.5 years) | |
|
Israel
ILS / Israeli New Shekel
|
Monthly | % | Bank of Israel | Coverage metadata updating | |
|
Peru
PEN / Peruvian Sol
|
Monthly | % | BCRP | Coverage metadata updating |