Using the press to construct a new indicator of inflation perceptions in France.

Using the press to construct a new indicator of inflation perceptions in France.

Using the press to construct a new indicator of inflation perceptions in France.

This paper applies Natural Language Processing (NLP) techniques to analyse a quasi-universe of newspaper articles for France, focusing on the period from 2004 to 2022. The goal is to measure inflation attention and perceptions by households and firms in the country. The indicator, constructed along the lines of a balance of opinions, is well correlated with actual HICP inflation.

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