Price Changes in the Euro Area and the United States: Some Facts from Individual Consumer Price Data (original) (raw)

Price Changes in the Euro Area and the United States: Some Facts from Individual Consumer Price Data

2006, Journal of Economic Perspectives

Over the last decade or more micro price studies have proliferated.

This report presents results from a research project developed by the European Central Bank and the 12 National Central Banks of the Eurosystem on the persistence of inflation in the euro area and its member countries. The analysis, conducted by a team called the Inflation Persistence Network (IPN), focuses on measuring and comparing patterns of price setting and inflation persistence