Vermeulen, Philip; Gautier, Erwan; Stahl, Harald; … - Deutsche Bundesbank - 2007
This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and … 45% decreases and 55% increases. Fifth, price changes are sizeable compared to the inflation rate. The paper also … examines the factors driving producer price changes. It finds that costs structure, competition, seasonality, inflation and …