Household expectations and the release of macroeconomic statistics

Carola Binder

Economics Letters, 2021, vol. 207, issue C

Abstract: Households were surveyed in the days immediately before and after the June release of the Consumer Price Index (CPI). The CPI release was associated with an 11 percentage point increase in the likelihood that a respondent heard news about inflation, with a larger increase for highly-numerate respondents. Inflation expectations only of highly-numerate respondents rose with the CPI release.

Keywords: Consumer expectations; Inflation expectations; Inflation; Consumer price index (search for similar items in EconPapers)
JEL-codes: D12 D84 E21 E31 N12 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:207:y:2021:i:c:s0165176521003189

DOI: 10.1016/j.econlet.2021.110041

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