What consistent responses on future inflation by consumers can reveal / by Sarah Miller and Patrick Sabourin.: FB3-6/2023-7E-PDF

"Inflation expectations play a vital role in determining inflation. Central bankers need to understand their intricacies and the information they can reveal. We look at the consistency of consumers’ answers to questions on inflation expectations in the Bank of Canada’s Canadian Survey of Consumer Expectations. We analyze factors that may explain consistencies among individuals and overall. We also compare the inflation forecasts of consumers with consistent responses with those of professional forecasters and consumers with varying responses"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.921972&sl=0

Publication information
Department/Agency Bank of Canada, issuing body.
Title What consistent responses on future inflation by consumers can reveal / by Sarah Miller and Patrick Sabourin.
Series title Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-7
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "Last updated: March 31, 2023."
Includes bibliographical references (page 29).
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2023.
©2023
Author / Contributor Miller, Sarah, author.
Description 1 online resource (ii, 29 pages) : charts.
Catalogue number
  • FB3-6/2023-7E-PDF
Subject terms Inflation (Finance) -- Canada.
Inflation -- Canada.
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