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Inflation Perceptions and Inflation Expectations

Alan Detmeister, David E. Lebow and Ekaterina V. Peneva
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No 2016-12-05-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In this note, we discuss new data on consumers' perceptions of recent inflation from the University of Michigan Surveys of Consumers (MSC). Our preliminary results show that survey responses indicate inflation perceptions differ widely across individuals (with a slightly wider distribution than for inflation expectations) but the bulk of responses are between zero and five percent.

Date: 2016-12-05
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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DOI: 10.17016/2380-7172.1882

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