Household Inflation Expectations: April 2026

US–Iran ConflIct Leaves Clear Mark on Household InflatIon ExpectatIons

Summary findings

  • The average inflation expectation for one year ahead: 60% (an increase of 10.3 points M-o-M).
  • 32% of participants expect inflation to be in the range of 41-60%.
  • 17.9% of participants expect inflation to be lower than the current level (a decrease of 11.8 points M-o-M).
  • By gender: The inflation expectation is 56.8% for men and 64.7% for women.
  • By age: the lowest expectation is at the group of 18-24 years (%56.3), the highest expectation is at the group of 55-64 years (%70.9).
  • By employment status: The highest expectation is among students (%67.6), and the lowest is among self-employed or employers (%52.3).

doc. Household Inflation Expectations Note April 2026