M Civ JI 53.06 Effect of Inflation on Future Damages

If you decide that the plaintiff will sustain damages in the future, you may consider the effect of inflation in determining the damages to be awarded for future losses.

Comment

Kovacs v Chesapeake & Ohio Railway Co, 426 Mich 647; 397 NW2d 169 (1986). The plaintiff is not required to introduce evidence regarding inflation, because there is no expert consensus on the rate of inflation and it would unnecessarily and unduly prolong trials. Kovacs.

In Bosak v Hutchinson, 422 Mich 712; 375 NW2d 333 (1985), the Michigan Supreme Court upheld the trial court’s refusal to give an instruction stating a 13 percent rate of inflation based on a rise in the Consumer Price Index.

History

M Civ JI 53.06 was added October 1987.