Poll:Most Americans Expect Inflation to Rise
The majority of Americans think the rise in inflation last year will only get worse in 2022, according to a new poll.
Gallup released polling data showing that 79% of surveyed Americans “predict inflation will go up,” with 50% saying it will go up “a lot.” Those are the most pessimistic numbers on inflation ever recorded by Gallup, the pollster said.
Americans are split on economic growth, though, with 40% saying it will increase and 39% saying it will decrease.
“In the past, Americans have always been more likely to say inflation will increase rather than decrease, but the current expectation is higher than usual – in fact, it is the highest Gallup has measured in its trend,” Gallup said. “The prior high was 76% in September 2005. In recent years, from 2007 through 2020, roughly six in 10 Americans have expected inflation to increase.”