Global inflation: the role of food, housing and energy prices
No 2024, Working Paper Series from European Central Bank
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)
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Working Paper: Global inflation: the role of food, housing and energy prices (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20172024
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