1 Introduction  
2 Data  
2.1 Inflation measures  
2.2 The Business and Consumer Survey  
3 Econometric Framework  
3.1 Big Data regressions using the singular value decomposition  
3.2 Fast sampling using singular value decomposition  
4 Forecasting EA Inflation  
4.1 Design of the forecasting exercise and competing model specifications  
4.2 Summary of Results  
4.3 Forecasting Results Over Time  
4.4 Tail Forecast Accuracy: Downside-Risk  
5 Conclusions