Newspaper articles mentioning "inflation" in Canada Share of total articles (%)  100  Estimated threshold = 3.3%  25 Estimated threshold = 3.4%  80  20  60  15  40  10  20  5  0 -2  0  2  4  6  8  CPI inflation (year-over-year percentage change, %)  0 -2  0  2  4  6  8  CPI inflation (year-over-year percentage change, %)  Estimated relationships below threshold Estimated relationships above threshold Data Note: Thresholds and the relationships prevailing above and below them have been estimated using the regression methodology described in O. Korenok, D. Munro and J. Chen, “Inflation and Attention Thresholds,” working paper (September 2022).
The samples begin in January 2004 for Google searches and January 2000 for newspaper mentions. Google search frequencies have been normalized to take a value of 100 at their maximum. The methodology for computing newspaper mentions is described in L. Chen and S. Houle, “Turning Words into Numbers: Measuring News Media Coverage on Shortages,” Bank of Canada Staff Discussion Paper (forthcoming).