The CEBRA Inflation: Drivers & Dynamics (IDD) Program is excited to announce the launch of the Indirect Consumer Inflation Expectations (ICIE) website.
Visit the IDD Indirect Consumer Inflation Expectations (ICIE) website
The ICIE measure differs from conventional survey measures by using an indirect approach to infer inflation expectations, asking respondents how much they think their current level of income needs to change for them to be equally well-off and afford the same basket of goods and services one year from now. Further details on the measure can be found in the Federal Reserve Bank of Cleveland Economic Commentary: Indirect Consumer Inflation Expectations (clevelandfed.org)
The ICIE survey is fielded to about 20,000 respondents in the US weekly and 1000 respondents per country in 15 countries monthly. The website will update the main figures once a week and the international data once a month.
