Visuel - Bulletin 253/5
Measuring the underlying component of inflation

Bulletin No. 253, article 5. Central banks use a range of underlying inflation indicators to measure inflationary pressures over the medium term. These indicators generally exclude the most volatile components of the Harmonised Index of Consumer Prices (HICP), such as food and energy. However, they do not necessarily exclude other transitory components that can give an incorrect signal of where inflation will stand in the medium term. …

22 July 2024

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Updated on 13 September 2024