Published: 2025-08-29T14:12:58.000Z
U.S. August Final Michigan CSI - Inflation expectations revised down
Senior Economist , North America
1
August’s final Michigan CSI of 58.2 is not much changed from the preliminary 58.6 but a little further off July’s 61.7. There are some surprises in the detail however, in particular a downward revision to the 5-10 year inflation view.
This is now 3.5%, down from a preliminary 3.9% and now not much higher than July’s 3.4%. This is still modestly above what was a stable pre-tariff trend of around 3.0%. The 1-year view was also revised down, albeit marginally to 4.8% from 4.9%.
The breakdown of the overall CSI showed current conditions revised up to 61.7 from 60.9 but this is still well below July’s 68.0. This revision was outweighed however by a downward revision in expectations to 55.9 from 57.2, extending a dip from 57.7 in July.
