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Rationale Analysis of the price micro data used to construct the consumer price index (CPI) allows us to understand how much of the inflationary spike observed in Spain between 2021 and 2023 was attributable to changes in the number of outlets adjusting prices (the “adjustment frequency”),...
Persistent link: https://www.econbiz.de/10014502636
situation, it is worth analysing whether an energy price increase raises underlying inflation more than an energy price decrease … reduces it. Takeaways •Over a one-year horizon, a large hike in energy prices increases underlying inflation by around twice … as much as an equivalent decrease reduces it. •The asymmetry in the response of underlying inflation to changes in energy …
Persistent link: https://www.econbiz.de/10014502655
activities in the commodity markets over the past decade to price inflation. The paper argues that government regulatory policies …
Persistent link: https://www.econbiz.de/10009445819
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Rationale A variety of policy measures have been put in place in recent months to support households and firms through the upswing in prices. Analysing the design of these measures, as well as their distributional and budgetary impact, is crucial in any economic context, but even more so at the...
Persistent link: https://www.econbiz.de/10014000060
effect of fiscal measures and an unexplained component or tax residual. • The effect of prices (inflation) has been gaining …
Persistent link: https://www.econbiz.de/10014000073
Artículo de revista ; Global inflation rates have increased since early 2021, especially in the United States, where … there has been an upward surprise in recent months. Part of the US inflation increase is due to a statistical phenomenon … introduced in response to the pandemic; and third, a possible de-anchoring of medium-term inflation expectations. In any event …
Persistent link: https://www.econbiz.de/10014283484
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