The Double-Digit Trigger: Estimating Inflation Attention Thresholds in Ukraine Using Parliamentary Speeches
Journal: Visnyk of the National Bank of Ukraine
Year: 2025

This paper estimates Ukraine’s inflation attention threshold using a text-based proxy derived from the relative frequency of the word "inflation" in parliamentary speeches. During a relatively stable macroeconomic period between 2017 and 2022, the estimated threshold is approximately 9-10%. This finding aligns with results obtained using Google Trends data, where attention increased just prior to inflation reaching double-digit levels. Crucially, the parliamentary proxy also facilitates estimati