A snapshot into inflation and earnings expectations by Irish residents

Kevin Cunningham, Garo Garabedian and Zivile Zekaite
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Kevin Cunningham: Central Bank of Ireland
Garo Garabedian: Central Bank of Ireland

No 2/EL/22, Economic Letters from Central Bank of Ireland

Abstract: A survey of Irish residents shows that inflation expectations oneyear ahead increased sharply in recent months and have remained elevated. At the same time, Irish workers do not appear to expect their earnings to grow at a similar pace over the next year. As a result, workers expect their real earnings to decline on average.

Date: 2022-06
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