EEC-DG II inflationary expectations; Survey based inflationary expectations for the EEC countries. Economic Papers No. 1, May 1981

摘要

The Directorate General for Economic and Financial Affairs (DG II)of the Commission of the European Communities has carried out ConsumerSurveys in all EEC countries since 1972. Information collected throughthese surveys were used to estimate quantitative expectations of consumerprice inflation. In general, the quality of survey-based inflationaryexpectations depends on the amount and quality of information collectedby the Survey itself. In this respect the Surveys used here fare wellrelative to other available surveys: large sample in each country;several countries surveyed consistently; semi-quantitative characterof the survey. The method of quantification is discussed and the resultingtime series are presented.