This paper studies the globalisation of CPI inflation by analysing core, energy and food components, testing for … structural breaks in the relationships between domestic inflation and a corresponding country-specific foreign inflation series …, while also taking account of outliers. We find that the overall pattern of globalisation in aggregate inflation is largely …

inflation can be improved by aggregating forecasts of subindices of the Harmonized Index of Consumer Prices (HICP) as opposed to … distinguishes between different forecast horizons, HICP components and inflation measures. Various model selection procedures are … component does not necessarily help forecast year-on-year inflation twelve months ahead …

The recent volatile behaviour of U.K. inflation has been officially attributed to a sequence of “unusual” price changes …, prompting renewed interest in the construction of measures of “core inflation”, from which such unusual price changes may be … down-weighted or even excluded. This paper proposes a new approach to constructing core inflation based on detailed …

estimated trend. Based on output growth and inflation forecasts and a comparison to revised output gap estimates from policy …

Inflation (PCCI), a measure of underlying inflation in the euro area. The PCCI reflects the view that underlying inflation … component of inflation. Methodologically, it relies on a generalised dynamic factor model estimated on a large set of … disaggregated HICP inflation rates for 12 euro area countries. For each individual inflation rate, we estimate a low …

This work considers the application of Periodogram and Fourier Series Analysis to model all-items monthly inflation … rates in Nigeria from 2003 to 2011. The main objectives are to identify inflation cycles, fit a suitable model to the data … and make forecasts of future values. To achieve these objectives, monthly all-items inflation rates for the period were …