期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2018
出版社：European Central Bank
摘要：Measures of underlying inflation provide a means of looking beyond shorttermvolatility in price developments. An example of this is the exclusion of thehighly volatile food and energy components from the HICP. However, HICP inflationexcluding food and energy can still be subject to short-term volatility. This boxreviews two possible sources – changes in seasonality and idiosyncratic pricechanges (henceforth “outliers”) – and assesses to what extent they can explainrecent short-term volatility in the profile of euro area HICP inflation excluding foodand energy.
