Hendrikx, Maarten; Chapple, Bryan - de Nederlandsche Bank - 2002
the euro area HICP inflation rate is characterised by a few outliers. In addition, an analysis based on economic weights … suggests that roughly 60 percent of euro area consumer spending experiences an inflation rate that is within a range of 0 ….5 percentage points of the euro area HICP inflation rate. This suggests that in the first three years since the start of EMU …