Inflationsrate – tatsächliche gegen erwartete Erwartungen [OC]

Didn’t know there was some deflation in 2008-09. Probably in part why it was so catastrophic

wild how far consumer expectations deviated from what was actually happening with the economy in 2024, almost seems like a lot of people were spending a lot of money to convince the public that everything was awful, for some reason

>United States Michigan Consumer Sentiment. The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term.

>Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services

Your title seems to conflate these two concepts.

CPI is not a forecast of inflation — it is inflation (or deflation) already observed in consumer prices.

ICE does not directly measure “expected inflation.” Instead, it captures sentiment about financial well-being and the economy in general. People may have concerns about inflation, but the index is broader: it includes job security, income prospects, and macroeconomic outlook.

Consumer Prices vs. Consumer Sentiment is a better title.

This is an entire waste of time and resources

We should delete the entire concept of this because it is corrosive to the fabric of reality and replace it with money that tracks births and deaths like what would happen in a society that did things based upon simple logic and reason.

But unfortunately we are ruled by people who think following internet trends (or the whims of a few people with too much money and not enough reality) that change with the whims of a few morons on Reddit – literally, as was proved recently, though I am not going to show my work – instead of, to reiterate, simple logic and reason.