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  • 1. Evaluating different approaches to measuring owned accommodation in the Consumer Price Index
    Articles and reports: 62F0014M2024002
    Description: In collaboration with the Bank of Canada, this research paper focuses on constructing analytical price index series for Canada, using the main owned accommodation measurement concepts proposed by the International Consumer Price Index Manual and adopted by other countries. This analysis explores these alternative treatments of owned accommodation in the Canadian context, examining their impact on the all-items Consumer Price Index. Additionally, it provides an explanation for the gap between perceived inflation and estimated inflation.
    Release date: 2024-03-28
  • 2. Consumer Price Index and Inflation Perceptions in Canada: Can measurement approaches or behavioural factors explain the gap?
    Articles and reports: 62F0014M2021017
    Description:

    Decisions by economic agents, such as firms and consumers, depend on their views about inflation. Consumers’ views of inflation, are systematically higher than inflation measured by the Consumer Price Index (CPI), and more so for certain demographic groups. While measurement factors can explain part of this gap, behavioral factors appear to play a larger role. This article examines these factors to explain the gap between CPI’s inflation and inflation perceptions in Canada.

    Release date: 2022-01-19
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Articles and reports (2)

Articles and reports (2) ((2 results))

  • 1. Evaluating different approaches to measuring owned accommodation in the Consumer Price Index
    Articles and reports: 62F0014M2024002
    Description: In collaboration with the Bank of Canada, this research paper focuses on constructing analytical price index series for Canada, using the main owned accommodation measurement concepts proposed by the International Consumer Price Index Manual and adopted by other countries. This analysis explores these alternative treatments of owned accommodation in the Canadian context, examining their impact on the all-items Consumer Price Index. Additionally, it provides an explanation for the gap between perceived inflation and estimated inflation.
    Release date: 2024-03-28
  • 2. Consumer Price Index and Inflation Perceptions in Canada: Can measurement approaches or behavioural factors explain the gap?
    Articles and reports: 62F0014M2021017
    Description:

    Decisions by economic agents, such as firms and consumers, depend on their views about inflation. Consumers’ views of inflation, are systematically higher than inflation measured by the Consumer Price Index (CPI), and more so for certain demographic groups. While measurement factors can explain part of this gap, behavioral factors appear to play a larger role. This article examines these factors to explain the gap between CPI’s inflation and inflation perceptions in Canada.

    Release date: 2022-01-19
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