Statistics

Inflation expectations of private individuals

The inflation expectations of market participants are the subject of intense scrutiny by monetary authorities in their strategy of direct inflation target. The expectations of different groups of entities (enterprises, bank analysts, private individuals) are examined by the National Bank of Poland. In this part of the service we present data regarding the inflation expectations of private individuals.

• Inflationary expectations of private individuals (XLS)

The data on the formation of private individuals' expectations are published regularly by the Monetary Policy Council in the INFLATION REPORTS. The Reports also contain discussions as to the significance of inflation expectations data for the current policy of the central bank, as well as additional information on the system of their measurement.

Selected literature in English concerning the measurement system and the character of expectations of private individuals.

• Tomasz Łyziak, Consumer inflation expectations in Poland
  - Working Paper No. 287, Working Paper Series, ECB, Nov. 2003 - PDF file; (1.4 MB)



• Monetary transmission mechanism in Poland. Theoretical concepts vs. evidence
  - "Materials and Studies" No. 19/2001, pp. 14-21, 29-33, 39-40. - PDF file; (361 KB)