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Household Inflation Expectations: Information Gathering, Inattentive or Stubborn ? Josh Ea saw Roberto Farinelli Quaker — Working Paper DSE N 852 Household Inflation Expectations: Information Gathering,
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Household inflation expectations information refers to data collected about the anticipated rate of inflation as perceived by households. This information provides insights into the expectations and perceptions of consumers regarding future price increases.
The entity responsible for collecting household inflation expectations information varies depending on the specific jurisdiction and survey. Typically, government statistical agencies or central banks conduct surveys to gather this data from a representative sample of households.
Household inflation expectations information is usually collected through surveys administered by government agencies or central banks. Participants are asked to provide their expectations for future inflation rates, often by selecting from predefined ranges or providing estimated percentage values. The surveys may be conducted via phone, online platforms, or in-person interviews.
The purpose of collecting household inflation expectations information is to gain insights into consumer sentiment and expectations regarding future inflation. This data helps policymakers and researchers understand how households anticipate price changes, which can inform monetary policy decisions, economic forecasting, and market analysis.
The specific information required in household inflation expectations surveys may vary, but typically it includes the anticipated inflation rate over a certain time horizon (e.g., one year or longer). Some surveys may also ask for additional demographic or socioeconomic information to analyze how expectations differ across different groups.
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