What does new micro price evidence tell us about inflation dynamics and monetary policy transmission?

To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.

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星期四, 四月 25, 2024

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To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.
This article discusses what micro price data gathered by the European System of Central Banks’ Price-setting Microdata Analysis Network (PRISMA) tell us about the way firms set their prices.