Fichtner, Ferdinand; Baldi, Guido; Bremus, Franziska; … - In: DIW Economic Bulletin 5 (2015) 38, pp. 495-507
the sharp drop in oil prices this year, inflation is low and stands at 0.4 percent; next year it will climb to 1.4 percent … in particular, the renewed drop in energy prices keeps inflation rates low. In addition, many countries have experienced … economy. The low inflation substantially supports consumers' purchasing power. But nominal incomes are also experiencing …