general rise
in inflation.
In the first year of the shock, the CPI inflation rate rises 0.5 percentage point from the …
baseline, after which inflation rate or the rate of change in CPI falls slightly from the
baseline, reflecting the fact that … -0.04 -0.03 -0.02
GDP deflator 0.15 0.20 0.06
CPI index 0.10 0.15 0.09
Inflation rate (deviation,%) -0.02 0.06 -0 …