for the producer price index, we find that producer prices for finished goods and services in fact exhibit roughly the …, particularly in the case of price decreases. Longer price durations are associated with larger price changes, although there is … considerable heterogeneity in this relationship. Long-term contracts are associated with somewhat greater price rigidity for goods …

We compare supermarket price setting in the US and the euro area and assess its impact on food inflation. We introduce … from the US. We find that both higher frequency and stronger state dependence of price changes contribute to higher … frequently and increase price misalignments, which increase the selection of large price changes. Both facts are well represented …