Corsello, Francesco; Tagliabracci, Alex - 2023
This paper focuses on the developments of energy prices since mid-2021 and assesses their impact on euro-area headline … accounted for more than 60 per cent, on average, of headline inflation in the euro area, either directly or indirectly. The same … result holds qualitatively true for the four largest countries in the euro area, although with some quantitative differences …