Inflation Expectations
Inflation Expectations - History (Excel), 2017
Last updated: Sep 21 2017 2:38PM
Average CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
read moreAverage CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
Inflation Expectations, 2017 - Quarter 3
Last updated: Sep 21 2017 2:38PM
Average CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
read moreAverage CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
Inflation Expectations, 2017 - Quarter 2
Last updated: Jul 20 2017 1:44PM
Average headline CPI inflation expectations of analysts, business people and trade unions for all three forecast periods declined marginally in the second quarter. Expectations for 2017 declined by 0.3% pts to 5.9%, while those for 2018 and 2019 declined by
read moreAverage headline CPI inflation expectations of analysts, business people and trade unions for all three forecast periods declined marginally in the second quarter. Expectations for 2017 declined by 0.3% pts to 5.9%, while those for 2018 and 2019 declined by 0.1% pt each to 5.8% and 5.9% respectively.
Inflation Expectations, 2017 - Quarter 1
Last updated: Mar 30 2017 2:35PM
After declining from 6.2% in the second quarter to 5.8% in the fourth quarter of 2016, average inflation expectations of analysts, business people and trade unions for 2017 rebounded to 6.2% in the first quarter of 2017. Looking further ahead, the three
read moreAfter declining from 6.2% in the second quarter to 5.8% in the fourth quarter of 2016, average inflation expectations of analysts, business people and trade unions for 2017 rebounded to 6.2% in the first quarter of 2017. Looking further ahead, the three groups now on average expect inflation to be 5.9% in 2018, then rising slightly to 6.0% in 2019.
Inflation Expectations, 2016 - Quarter 4
Last updated: Jan 24 2017 2:59PM
Average inflation expectations for 2017 declined from 6.0% in the third quarter to 5.8% in the fourth quarter. This is the first time since the third quarter of 2015 that average expectations are below 6%.
read moreAverage inflation expectations for 2017 declined from 6.0% in the third quarter to 5.8% in the fourth quarter. This is the first time since the third quarter of 2015 that average expectations are below 6%.
Inflation Expectations - History (Excel), 2016
Last updated: Jan 24 2017 8:38AM
Average inflation expectations for 2017 declined from 6.0% in the third quarter to 5.8% in the fourth quarter. This is the first time since the third quarter of 2015 that average expectations are below 6%.
read moreAverage inflation expectations for 2017 declined from 6.0% in the third quarter to 5.8% in the fourth quarter. This is the first time since the third quarter of 2015 that average expectations are below 6%.
Inflation Expectations, 2016 - Quarter 3
Last updated: Sep 22 2016 2:42PM
Average inflation expectations for 2017 declined from 6.2% in the second quarter to 6.0% in the third quarter of 2016. Both analysts and business people lowered their forecasts, while trade unions left their forecast unchanged.
read moreAverage inflation expectations for 2017 declined from 6.2% in the second quarter to 6.0% in the third quarter of 2016. Both analysts and business people lowered their forecasts, while trade unions left their forecast unchanged.
Inflation Expectations, 2016 - Quarter 2
Last updated: Jul 21 2016 10:07AM
The 2016 to 2018 headline CPI inflation expectations of analysts, business people and trade unions were virtually unchanged, compared to the first quarter of 2016. The second quarter results confirm those of the first quarter, namely that average inflation
read moreThe 2016 to 2018 headline CPI inflation expectations of analysts, business people and trade unions were virtually unchanged, compared to the first quarter of 2016. The second quarter results confirm those of the first quarter, namely that average inflation expectations remained anchored, albeit at the top of the 3% to 6% target range.
Inflation Expectations, 2016 - Quarter 1
Last updated: Apr 12 2016 8:13AM
In the first quarter of 2016 average headline CPI inflation expectations of analysts, business people and trade unions for 2016 and 2017 remained unchanged at 6.2% relative to the fourth quarter of 2015. However, the average hides meaningful differences among
read moreIn the first quarter of 2016 average headline CPI inflation expectations of analysts, business people and trade unions for 2016 and 2017 remained unchanged at 6.2% relative to the fourth quarter of 2015. However, the average hides meaningful differences among the social groups. Whereas analysts revised their inflation forecasts significantly upwards, business people and trade union officials lowered their average forecasts for both years since the previous survey.
Inflation Expectations, 2015 - Quarter 4
Last updated: Dec 10 2015 2:28PM
Average inflation expectations of analysts, business people and trade union officials for 2016 increased by 0.1 percentage points (% pts) to 6.2% since the previous survey. After fluctuating between 5.8% and 5.9% in the first three quarters of 2015, the
read moreAverage inflation expectations of analysts, business people and trade union officials for 2016 increased by 0.1 percentage points (% pts) to 6.2% since the previous survey. After fluctuating between 5.8% and 5.9% in the first three quarters of 2015, the average inflation expectation for 2017 increased significantly to 6.2% in the fourth quarter. Although household inflation expectation roses from 6.7% to 6.9% in the fourth quarter, it remains below the 7.1% recorded in the second quarter.