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The Influence of Administered Prices and Indirect Taxes on Current Inflation Rates in the Euro Area

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  • Wolfgang Nierhaus

Abstract

The statistical office of the European Union regularly publishes indices on the development of administered prices in the euro currency area. These indices cover products whose prices are influenced by the state. It emerges that the price dynamic for goods subject to state influence weakened considerably. In the second half of 2013 this goods segment accounted for around a fifth of inflation in the euro area, which is significantly lower than the average figure for 2008 to 2012.

Suggested Citation

  • Wolfgang Nierhaus, 2014. "The Influence of Administered Prices and Indirect Taxes on Current Inflation Rates in the Euro Area," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(04), pages 36-40, February.
    • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:04:p:36-40
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    File URL: https://www.ifo.de/DocDL/ifosd_2014_04_5.pdf
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    1. Wolfgang Nierhaus, 2013. "Administered Prices and Indirect Taxes: Implications for Inflation in the Eurozone," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(05), pages 42-46, March.
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    Cited by:

    1. Nierhaus. Wolfgang, 2016. "How Administered Prices and Indirect Taxation Contribute to Inflation in the Euro Area: Latest Results," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(05), pages 28-32, March.
    2. Wolfgang Nierhaus, 2015. "The Contribution of Administered Prices and Indirect Taxation to Inflation in the Euro Area: Recent Results," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(04), pages 27-30, February.

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      More about this item

      JEL classification:

      • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
      • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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