For a monetary policy that is geared towards maintaining a low and stable level of inflation an\nassessment of the expected inflation is of crucial importance. Numerical indicators can be\nobtained from surveys concerning the expectations of various economic agents regarding the\nfuture developments of prices.This paper presents the results of different quantification\ntechniques, i.e. the balance statistic, the Carlson-Parkin method and the Pesaran�s regression\napproach, used to convert qualitative assessments from surveys into quantitative data of\ninflation expectations for four Central and Eastern European countries with an inflation\ntargeting monetary policy regime: Romania, Czech Republic, Poland and Hungary. The results\nshow an underestimation of actual inflation by the Polish and Czech consumers, while\nRomanian and Hungarian consumers seem to be more pessimistic, overestimating the actual\ninflation in a systematic manner.
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