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2002: inflation continues to be moderate

Author

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  • Wolfgang Nierhaus

Abstract

Unlike the consumer price index, in which the price effect of imported products and services has an effect, the GDP deflator is a way of measuring inflation caused by domestic factors. In the current year overall price increases in Germany - measured by the GDP deflator - will again be moderate. At the same time, price trends of domestic output will again approximate the development of the overall cost of living (forecast for 2002: +1.5%).

Suggested Citation

  • Wolfgang Nierhaus, 2002. "2002: inflation continues to be moderate," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(04), pages 48-50, February.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:04:p:48-50
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    File URL: https://www.ifo.de/DocDL/ifosd_2002_4_8.pdf
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    Cited by:

    1. Wolfgang Nierhaus, 2002. "Consumer price trends after the introduction of euro cash," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(05), pages 54-56, March.

    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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