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A snapshot into inflation and earnings expectations by Irish residents

Author

Listed:
  • Cunningham, Kevin

    (Central Bank of Ireland)

  • Garabedian, Garo

    (Central Bank of Ireland)

  • Zekaite, Zivile

    (Central Bank of Ireland)

Abstract

A survey of Irish residents shows that inflation expectations oneyear ahead increased sharply in recent months and have remained elevated. At the same time, Irish workers do not appear to expect their earnings to grow at a similar pace over the next year. As a result, workers expect their real earnings to decline on average.

Suggested Citation

  • Cunningham, Kevin & Garabedian, Garo & Zekaite, Zivile, 2022. "A snapshot into inflation and earnings expectations by Irish residents," Economic Letters 2/EL/22, Central Bank of Ireland.
    • Handle: RePEc:cbi:ecolet:2/el/22
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    File URL: https://www.centralbank.ie/docs/default-source/publications/economic-letters/snapshot-into-inflation-and-earnings-expectations-by-irish-residents.pdf?sfvrsn=7a49961d_7
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    Cited by:

    1. Boyd, Laura & Byrne, Stephen & Keenen, Enda & McIndoe Calder, Tara, 2022. "Labour market recovery after a pandemic," Quarterly Bulletin Articles, Central Bank of Ireland, pages 89-129, July.
    2. Boyd, Laura & Keenan, Enda & McIndoe-Calder, Tara, 2023. "Earnings growth under high inflation," Quarterly Bulletin Articles, Central Bank of Ireland, pages 89-123, September.

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