Aron, Janine; Muellbauer, John - 2008
. Most inflation models
tend to forecast the overall price index, e.g. the consumer price index (CPI) or the deflator of …-components of the price index, such as price indices for food, fuel, durable
goods, financial and other services, housing and … aggregating these forecasts, as against forecasting the
aggregate itself.
In practice, disaggregating the price index into …