Inflation Expectations
Inflation Expectations - History (Excel), 2019
Last updated: Jan 16 2020 3:06PM
In the fourth quarter of 2019, average inflation expectations for all three forecast years declined further. Analysts, business people and trade union representatives on average expect headline inflation to be 4.5% in 2019 (0.1% pt lower than previously),
read moreIn the fourth quarter of 2019, average inflation expectations for all three forecast years declined further. Analysts, business people and trade union representatives on average expect headline inflation to be 4.5% in 2019 (0.1% pt lower than previously), 4.8% in 2020 (-0.2% pts) and 5.0% in 2021 (-0.1%). Average inflation expectations for 2019 have fallen by 1.5% pts over three years – from 6.0% when surveyed for the first time in the first quarter of 2017 to 4.5% currently.
Inflation Expectations PDF, 2019Q4
Last updated: Jan 16 2020 3:05PM
In the fourth quarter of 2019, average inflation expectations for all three forecast years declined further. Analysts, business people and trade union representatives on average expect headline inflation to be 4.5% in 2019 (0.1% pt lower than previously),
read moreIn the fourth quarter of 2019, average inflation expectations for all three forecast years declined further. Analysts, business people and trade union representatives on average expect headline inflation to be 4.5% in 2019 (0.1% pt lower than previously), 4.8% in 2020 (-0.2% pts) and 5.0% in 2021 (-0.1%). Average inflation expectations for 2019 have fallen by 1.5% pts over three years – from 6.0% when surveyed for the first time in the first quarter of 2017 to 4.5% currently.
Inflation Expectations PDF, 2019Q3
Last updated: Sep 19 2019 12:36PM
In the third quarter, analysts, business people and trade unionists on average expect inflation to pick up from 4.6% (4.8% previously) in 2019 to 5.0% (5.0%) in 2020 and 5.1% (5.2%) in 2021.
Inflation Expectations PDF, 2019Q2
Last updated: Jul 18 2019 10:41AM
In the second quarter, average inflation expectations remained unchanged at 4.8% in respect of 2019, but declined further in respect of both subsequent years. Analysts, business people and trade unions foresee inflation to average 5.0% in 2020 and 5.2% in
read moreIn the second quarter, average inflation expectations remained unchanged at 4.8% in respect of 2019, but declined further in respect of both subsequent years. Analysts, business people and trade unions foresee inflation to average 5.0% in 2020 and 5.2% in 2021, down from the 5.2% and 5.3% previously.
Inflation Expectations, 2019Q1
Last updated: Apr 24 2019 10:02AM
In the first quarter of 2019, inflation expectations for both 2019 and 2020 declined across all social groups relative to the previous quarter. The average for 2019 declined from 5.4% to 4.8% and for 2020 from 5.4% to 5.2%. Inflation is expected to edge up
read moreIn the first quarter of 2019, inflation expectations for both 2019 and 2020 declined across all social groups relative to the previous quarter. The average for 2019 declined from 5.4% to 4.8% and for 2020 from 5.4% to 5.2%. Inflation is expected to edge up marginally to 5.3% in 2021. Of all the social groups, business people made the biggest downward adjustment in their expectations, namely from 5.7% to 5.1% in respect of 2019 and from 5.8% to 5.3% for 2020. Trade unions scaled their forecasts for 2019 and 2020 back by 0.5 and 0.3 percentage points (% pts) and analysts by 0.5 and 0.1% pts respectively.
Inflation Expectations, 2018 - Quarter 4
Last updated: Jan 17 2019 1:35PM
In the fourth quarter of 2018, average inflation expectations declined by 0.2 percentage points (% pts) across the whole forecast horizon. Previously, analysts, business people and trade union representatives on average expected inflation to pick up from 5.3%
read moreIn the fourth quarter of 2018, average inflation expectations declined by 0.2 percentage points (% pts) across the whole forecast horizon. Previously, analysts, business people and trade union representatives on average expected inflation to pick up from 5.3% in 2018 to 5.6% in 2020. In the fourth quarter, they revised their forecast slightly downwards to 5.1% and 5.4% respectively.
Inflation Expectations - History (Excel), 2018
Last updated: Jan 17 2019 1:36PM
In the fourth quarter of 2018, average inflation expectations declined by 0.2 percentage points (% pts) across the whole forecast horizon. Previously, analysts, business people and trade union representatives on average expected inflation to pick up from 5.3%
read moreIn the fourth quarter of 2018, average inflation expectations declined by 0.2 percentage points (% pts) across the whole forecast horizon. Previously, analysts, business people and trade union representatives on average expected inflation to pick up from 5.3% in 2018 to 5.6% in 2020. In the fourth quarter, they revised their forecast slightly downwards to 5.1% and 5.4% respectively.
Inflation Expectations, 2018 - Quarter 3
Last updated: Sep 20 2018 12:50PM
In the third quarter, average headline CPI inflation expectations were 5.3% for 2018, up by 0.1 percentage point (% pt). For 2019 the expectations were 5.6% (up 0.2% pt) and for 2020 they were also 5.6% (up 0.1% pt).
read moreIn the third quarter, average headline CPI inflation expectations were 5.3% for 2018, up by 0.1 percentage point (% pt). For 2019 the expectations were 5.6% (up 0.2% pt) and for 2020 they were also 5.6% (up 0.1% pt).
Inflation Expectations, 2018 - Quarter 2
Last updated: Jul 19 2018 2:49PM
In the second quarter, average headline CPI inflation expectations for 2018 remained unchanged relative to the first quarter, but edged up marginally by 0.1 percentage point (% pt) in respect of 2019 and 2020.
read moreIn the second quarter, average headline CPI inflation expectations for 2018 remained unchanged relative to the first quarter, but edged up marginally by 0.1 percentage point (% pt) in respect of 2019 and 2020.
Inflation Expectations, 2018 - Quarter 1
Last updated: Apr 6 2018 1:11PM
Inflation expectations for both 2018 and 2019 declined across all social groups relative to the previous quarter. The average for 2018 declined from 5.7% to 5.2% and for 2019 from 5.9% to 5.3%. Inflation is expected to edge up marginally to 5.4% in
read more
Inflation expectations for both 2018 and 2019 declined across all social groups relative to the previous quarter. The average for 2018 declined from 5.7% to 5.2% and for 2019 from 5.9% to 5.3%. Inflation is expected to edge up marginally to 5.4% in 2020.