Polish paper explains perceptions of higher inflation

Map of Poland

Polish consumers' perception of inflation is "significantly affected" by the price changes in frequently bought products and services, according to a working paper published by the National Bank of Poland.

In How to define the Consumer Perceived Price Index? The case of Poland, Aleksandra Hałka and Tomasz Łyziak find that Polish consumers also "seem to disregard" any drop in the price of these items. This reflects, the authors say, their loss aversion to prices.

The paper develops a Consumer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account