Energy and Food Price Shocks in the Euro Area

Abstract The sharp revisions in inflation forecasts are not rooted in analytical flaws, overly hesitant ECB policies or model failures. Energy price shocks of historic dimensions are the key factor. They have ended the prolonged phase of excessively weak inflation with risks now clearly increasing....

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Bibliographic Details
Main Author: Silke Tober
Format: Article
Language:deu
Published: Sciendo 2022-06-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3219-z
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