Household Expectations and the Release of Macroeconomic Statistics

9 Pages Posted: 7 Jul 2021

See all articles by Carola Binder

Carola Binder

Haverford College - Department of Economics

Date Written: June 20, 2021

Abstract

Households were surveyed in the days immediately before and after the June release of the Consumer Price Index (CPI). The CPI release was associated with an 11 percentage point increase in the likelihood that a respondent heard news about inflation, with a larger increase for highly-numerate respondents. Inflation expectations only of highly-numerate respondents rose with the CPI release.

Keywords: consumer expectations, inflation expectations, inflation, consumer price index

JEL Classification: D12, D84, E21, E31, N12

Suggested Citation

Binder, Carola, Household Expectations and the Release of Macroeconomic Statistics (June 20, 2021). Available at SSRN: https://ssrn.com/abstract=3871922 or http://dx.doi.org/10.2139/ssrn.3871922

Carola Binder (Contact Author)

Haverford College - Department of Economics ( email )

Haverford, PA 19041
United States

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