Inte tillgängligt på svenska
Emma Leguay
- 24 September 2025
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 6, 2025Details
- Abstract
- The level of attention paid to inflation affects people’s inflation expectations and, in turn, price and wage-setting decisions. This box puts forward a measure of inflation attention based on a substantial corpus of newspaper articles from the largest euro area countries. The measure is derived from the proportion of articles that contain inflation-related keywords. The indicator spiked during the recent high inflation period, reflecting an increased focus on price developments. Although inflation attention has eased since, this decrease has been more gradual than the decline in inflation itself, mirroring trends observed in consumers’ inflation perceptions. Attention remains relatively high, particularly with regard to food price developments, which could have implications for how future inflation shocks affect inflation expectations and propagate through the economy.
- JEL Code
- E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
C43 : Mathematical and Quantitative Methods→Econometric and Statistical Methods: Special Topics→Index Numbers and Aggregation
C82 : Mathematical and Quantitative Methods→Data Collection and Data Estimation Methodology, Computer Programs→Methodology for Collecting, Estimating, and Organizing Macroeconomic Data, Data Access