Economics A-Level
Inflation forecasting
What Inflation forecasting means in Economics A-Level, as defined for AQA.
Definition of Inflation forecasting
Check what you remember
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Reference: AQA
The forward-looking process by which the Monetary Policy Committee predicts future inflation from indicators such as CPI inflation, wage growth and labour market tightness.
Topics that use Inflation forecasting
- Central banks and monetary policy (AQA A-Level)
Related terms
- Aggregate demand
- Credit creation
- Economic governance
- Economic indicators
- Exchange rates
- Financial stability
- Hot money flows
- Inflation
Using Inflation forecasting in the exam
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