2022-11-24 European Monetary Dialogue

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Introduction: Where are we ?

All items HICP

Cumulative

Minimum wages

Change

Change

Change

Change

Definition of Heterogeneity

Mean

Standard Deviation

Interquartile Range

HICP Inflation - Alternative definitions

Core Inflation - Alternative definitions

Biggest contributions to inflation

CP01, CP011, CP012

CP01, CP04, CP045

What is this heterogeneity related to ?

No relation to the share of energy

Mostly related to the change in energy prices ?

Related to the contributions to inflation ?

Appendix 1: Country weights

Germany, France, Italy, Spain

Netherlands, Belgium, Austria, Portugal

Greece, Finland, Ireland, Slovakia

Lithuania, Slovenia, Luxembourg, Latvia

Estonia, Cyprus, Malta