-based disinflation around the world over the past half-century, with global consumer price inflation down from a peak of roughly 17 …This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures … (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator …

From 2013 up to the launch of the ECB’s strategy review in January 2020, inflation in the euro area was low and over …-predicted. This low inflation during the years 2013-19 can be attributed to a combination of interconnected factors. Cyclical … developments account for a substantial share of the fall in underlying inflation, mainly in the first part of the low inflation …

soaring food and energy prices, especially since the Russian Federation’s invasion of Ukraine. Markets expect inflation to …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … developments, the risk of stagflation—a combination of high inflation and sluggish growth—has risen. The recovery from the …

soaring food and energy prices, especially since the Russian Federation’s invasion of Ukraine. Markets expect inflation to …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … developments, the risk of stagflation—a combination of high inflation and sluggish growth—has risen. The recovery from the …

A number of studies document the prominent role of global factors in domestic inflation developments (e.g. Borio and … Filardo, 2007; Ciccarelli and Mojon, 2010). In this paper we investigate global dimensions of advanced economy inflation. We … inflation expectations and augment Phillips curves with global factors including global economic slack, global inflation and …

Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this … paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the … distinction between energy and non-energy inflation. To this end, we fit econometric models to measure the effect of oil price …

stability. Using local projections, this paper investigates the effects of commodity price shocks on inflation. We estimate … countries. Our analyses show that the effects of commodity price shocks on inflation are transitory. While the effect on the … transition autoregessive models that use the past inflation rate as the transition variable, we also explore the possibility that …