Template-Type: ReDIF-Paper 1.0
Author-Name: Fiorella De Fiore
Author-X-Name-First: Fiorella
Author-X-Name-Last: De Fiore
Author-Name: Damiano Sandri
Author-X-Name-First: Damiano
Author-X-Name-Last: Sandri
Author-Name: James Yetman
Author-X-Name-First: James
Author-X-Name-Last: Yetman
Title: Household perceptions and expectations in the wake of the inflation surge: survey evidence
Abstract: A novel international survey across 29 advanced and emerging market economies reveals that household inflation expectations remain elevated, despite inflation rates approaching targets. Perceptions of significant price hikes post-pandemic tend to feed into higher household inflation expectations, pointing to the risk of a lasting impact of temporary inflation bursts. Households with greater knowledge of central banks and their price stability mandates report lower inflation expectations. Therefore, central bank communications can help improve the public's understanding of central banks and foster the anchoring of inflation expectations.
Length: 8 pages
Creation-Date: 2025-06-16
File-URL: https://www.bis.org/publ/bisbull104.pdf
File-Format: Application/pdf
File-Function: Full PDF document
File-URL: https://www.bis.org/publ/bisbull104.htm
File-Format: text/html
Number: 104
Handle: RePEc:bis:bisblt:104