| N° | WP 2016-04 |
| Title | Computing the relative price divergence as a measure of inflation pressure in Peru |
| Original title | Tendencias comunes en el índice de precios al consumidor |
| Author(s) | and |
| Language | Spanish |
| Date | 2016/04/30 |
| Abstract | This papers aims at analyzing the price divergence in Peru by using a non-linear model with time-varying coefficients (see Phillips and Sul, 2007) and identifying common trends in prices among some groupings in the basic consumers basket, as well as in-side the main CPI components. A significant price divergence with persistent upward trends in the most important core inflation items could signal the existence of real relative demand and supply shocks. |
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