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Global inflation: the role of food, housing and energy prices

Miles Parker

No 2024, Working Paper Series from European Central Bank

Abstract: This paper studies the role of global factors in causing common movements in consumer price inflation, with particular focus on the food, housing and energy sub-indices. It uses a comprehensive dataset of 223 countries and territories collected from national and international sources. Global factors explain a large share of the variance of national inflation rates for advanced countries JEL Classification: E31, E52, F42

Keywords: common factor; energy prices; food prices; global inflation (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac and nep-mon
Date: 2017-02
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Related works:
Working Paper: Global inflation: the role of food, housing and energy prices (2016) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20172024

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