Constructing U.K. Core Inflation

The recent volatile behaviour of U.K. inflation has been officially attributed to a sequence of “unusual” price changes, prompting renewed interest in the construction of measures of “core inflation”, from which such unusual price changes may be down-weighted or even excluded. This paper proposes a...

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Bibliographic Details
Main Author: Terence C. Mills
Format: Article
Language:English
Published: MDPI AG 2013-04-01
Series:Econometrics
Subjects:
Online Access:http://www.mdpi.com/2225-1146/1/1/32