Inflation forecasts are in great demand by agents in financial markets and monetary authorities that also require frequent updates. In the case of the EMU, these can be done monthly using Harmonised Indices of Consumer Prices (HICP). Analysing the HICP it was detected in a previous paper that...

This paper deals with the recent evolution, perspectives and some policy considerations for the Euro-Zone on the basis of the analysis of inflation, GDP and Industrial Production in EMU. The analysis shows that the year on year rates of growth will recover form the third quarter of 2002 for GDP...

This article presents economic forecasting as an activity acquiring full significance when it is involved in a decision-making process. The activity requires a sequence of functions consisting of gathering and organising data, the construction of econometric models and ongoing forecast...

En este trabajo se presenta la predicción económica como una actividad que adquiere plena relevancia cuando está inmersa en un proceso de toma de decisiones. El desarrollo de esta actividad requiere una secuencia de funciones consistente en la recolección y organización de datos,...

Economic agents and financial authorities require frequent updates to a path of accurate inflation forecasts and need forecasts to include an explanation of the factors by which they are determined. This paper studies how to approach this need, developing a method for analysing inflation in the...