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We investigate the dynamics of core inflation in Italy, with a special focus on the period of low inflation after 2014 … significant trade-off between core inflation and economic activity is observed, especially when measures of slack are derived from … labour market variables. Second, financial indicators can help to better characterize the dynamics of core inflation. Third …
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This country note discusses measures of inflation used in monetary policy formulation in Singapore, and assesses the … relative influence of global and regional factors in determining domestic inflation dynamics. It is found that the regional … inflation expectations have continue d to play significant roles. Indeed, the central bank's gauge of inflation expectations …
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This paper develops Area-wide Leading Inflation CyclE (ALICE) indicators for euro area headline and core inflation with … an aim to provide early signals about turning points in the respective inflation cycle. The series included in the two … turning points in the inflation cycle ex post and perform well in a simulated real-time exercise over the period from 2010 to …
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