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Motor fuel and core inflation

Abhishek Basu and Sandeep Mazumder

Economics Letters, 2024, vol. 242, issue C

Abstract: We ask whether there exists a fixed exclusion method that is simpler to compute than the CPI excluding food and energy, yet also closely tracks the behavior of outlier exclusion measures such as the trimmed mean. We document that the CPI excluding motor fuel achieves both goals.

Keywords: Inflation; Core inflation; Motor fuel (search for similar items in EconPapers)
JEL-codes: E31 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:242:y:2024:i:c:s0165176524003549

DOI: 10.1016/j.econlet.2024.111870

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