prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …

prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …

This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … system. Real wages and wage inflation emerge as especially persistent following an import price shock, while price inflation … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …

limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers' social security …This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government …

This paper proposes a methodology to nowcast and forecast inflation using data with sampling frequency higher than … accurate estimates of inflation for the current and followings months. In particular, this paper uses the Weekly Oil Bulletin … Price Statistics for the euro area, the Weekly Retail Gasoline and Diesel Prices for the US and daily World Market Prices of …

inflation”. We start from a careful modeling of optimal price setting allowing for non-unitary factor substitution, non …-stickiness estimates than otherwise and suggests a more balanced weight of backward and forward-looking inflation expectations than … commonly found. Our results challenge existing views of inflation determinants and have important implications for modeling …

for inflation and for real economic development. JEL Classification: E41, E52, E58 …

consumer prices. Nevertheless, understanding the link between energy price fluctuations, inflationary pressures and the role of … monetary policy in reacting to such pressure requires a deeper look at the structure of the economy. Energy prices have … presented a challenge for the Eurosystem, as the volatility of the energy component of consumer prices has been high since the …