Inflationary expectations ought to be anchored better
3 years, 7 months ago

Inflationary expectations ought to be anchored better

Live Mint  

Long-term inflation expectations constitute an important variable monitored by central banks the world over in their design of monetary policy in pursuit of price stability. Gabriele Galati, Richhild Moessner and Maarten van Rooij study long-term inflation expectations in the euro area and Netherlands through a survey of Dutch consumers. Moreover, in March 2021, the mean and median one-year ahead as well as 3-months-ahead inflation expectations are above 10%, well above RBI’s tolerance band. These expectation values are in the vicinity of those prevailing a year ago, which indicates that despite RBI’s transparency and reduction of its repo rate to a low of 4% since March 2020, monetary-policy effectiveness in anchoring inflationary expectations in India remains a question mark.

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History of this topic

Dutch inflation jumped to 4 percent in November
3 weeks, 4 days ago

Dutch inflation jumped to 4 percent in November

NL Times  

Inflation in the Netherlands rose sharply in November to 4 percent on an annual basis, Statistics Netherlands reported in a quick estimate. Food, beverages, and tobacco prices rose sharply again this month by 6.2 percent compared to a year earlier. Dutch inflation based on the European harmonized calculation method rose to 3.8 percent in November, from 3.3 percent in October. …

Dutch inflation rate is a “fake reality,” says Rabobank economist
1 year, 3 months ago

Dutch inflation rate is a “fake reality,” says Rabobank economist

NL Times  

The inflation figure published by Statistics Netherlands on Thursday does not match what people are actually feeling at this moment, said Rabobank RaboResearch economist Hugo Erken. “It’s a fake reality.” Provisional figures about annual inflation for August were published by Statistics Netherlands on Thursday. The statistics office now also uses the rates for longer-term contracts, and is not adjusting old …

Wages still rising, but well below inflation
2 years, 4 months ago

Wages still rising, but well below inflation

NL Times  

Wages om the Netherlands increased by 3.4 percent last month on average, according to preliminary figures from the employers’ association AWVN. While salaries are still rising, the increases are well below inflation in the Netherlands, which amounted to 11.6 percent last month according to the European harmonized method. At 3.4 percent, the wage increase in July was slightly lower than …

9.4% inflation expected for Netherlands in 2022
2 years, 5 months ago

9.4% inflation expected for Netherlands in 2022

NL Times  

The average inflation in the Netherlands will be 9.4 percent this year, the European Commission expects. According to the daily management of the EU, inflation will drop to an annual average of 3.3 percent, but economic growth will remain limited to 1 percent. The Commission estimates inflation in 2023 at 4 percent for all euro countries and adjusted economic growth …

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