In this paper we argue that future inflation in an economy depends on the way people perceive current inflation, their … inflation sentiment. We construct some simple measures of inflation sentiment which capture whether price acceleration is shared … by many components of the CPI basket. In a comparative analysis of the forecasting power of the different inflation …

inflation. We find that sentiment indicators are competitive in providing inflation forecasts against a large set of common …

We use Bayesian additive regression trees to reexamine the efficiency of growth and inflation forecasts for Germany. To …-term growth and longer-term inflation forecasts. We cannot reject weak efficiency of short-term growth and inflation forecasts. We …

inflation. We find that sentiment indicators are competitive in providing inflation forecasts against a large set of common …

In this paper we argue that future inflation in an economy depends on the way people perceive current inflation, their … inflation sentiment. We construct some simple measures of inflation sentiment which capture whether price acceleration is shared … by many components of the CPI basket. In a comparative analysis of the forecasting power of the different inflation …

techniques can help to improve the nowcast of monthly German inflation in real time. Our nowcasting exercise targets three … the lowest aggregation level underlying official German inflation, such as those of butter and coffee beans. We show that … demonstrate that these scanner-based price indices improve inflation nowcasts at this very narrow level, notably already after the …

the real-time nowcast of German inflation. Our nowcasting exercise targets three hierarchy levels of inflation: individual … products, product groups, and headline inflation. At the individual product level, we construct a large set of weekly scanner …-frequency setup, these indices significantly improve inflation nowcasts already after the first seven days of a month. For nowcasting …

This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the … tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to update … inflation expectations changes substantially over time and is related to the quantity and the quality of news. …

This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the … tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to update … inflation expectations changes substantially over time and is related to the quantity and the quality of news. …

Based on a panel of German professional forecasts for 1970 to 2003 we find that growth and inflation forecasts are …