inflation targeting in improving macroeconomic performance. it includes both cross-country analysis and country-specific case …

Studies, examines cross-country issues related to the conduct of monetary policy in emerging markets and the role of inflation …

Inflation forecast is measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP …) for euro area countries, the euro area aggregate and the United Kingdom. Inflation measures the general evolution of … households. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a …

This background note considers how competition contributes to lower inflation, despite its unsuitability as a short …-term anti-inflationary tool. It explains why competition is important for optimal inflation and summarises some of the empirical … evidence of this relationship. It then considers how inflation affects competition, for example by creating conditions for …