Vermeulen, Philip; Dias, Daniel; Dossche, Maarten; … - Banco de España - 2007
attractive pricing all play a role in driving producer price changes. In addition producer prices tend to be more flexible than … use monthly producer price data. The following five stylised facts emerge consistently across countries. First, producer … prices change infrequently: each month around 21% of prices change. Second, there is substantial cross-sector heterogeneity …