IDEAS home Printed from https://ideas.repec.org/p/apk/nottec/2107.html
   My bibliography  Save this paper

Core Inflation Indicators: an Update

Author

Listed:
  • Alberto Vindas-Quesada

    (Department of Economic Research, Central Bank of Costa Rica)

  • Carlos Brenes-Soto

    (Department of Economic Research, Central Bank of Costa Rica)

  • Susan Jiménez-Montero

    (Department of Economic Research, Central Bank of Costa Rica)

  • Kevin Barrantes Castillo

    (Central Bank of Costa Rica)

  • Melissa Herra-Leandro

    (Department of Economic Analysis, Central Bank of Costa Rica)

Abstract

In this document, we update the five core inflation indicators that the Central Bank of Costa Rica publishes, using data up to April 2021. We evaluate several statistical properties that core inflation indicators should satisfy. The structural break in inflation, identified after September 2021, resulted in adjustments in four of the indicators. ***Resumen: En esta nota actualizamos los cinco indicadores de inflación subyacente que publica el Banco Central de Costa Rica, con datos a abril del 2021. Para ello, evaluamos varias propiedades de corte estadístico que los indicadores de inflación subyacente deben cumplir. El cambio estructural en la inflación, identificado a partir de setiembre del 2014, causó ajustes en cuatro de los indicadores.

Suggested Citation

  • Alberto Vindas-Quesada & Carlos Brenes-Soto & Susan Jiménez-Montero & Kevin Barrantes Castillo & Melissa Herra-Leandro, 2021. "Core Inflation Indicators: an Update," Notas Técnicas 2107, Banco Central de Costa Rica.
    • Handle: RePEc:apk:nottec:2107
    as

    Download full text from publisher

    File URL: https://repositorioinvestigaciones.bccr.fi.cr/handle/20.500.12506/354
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:apk:nottec:2107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Departamento de Investigación Económica (email available below). General contact details of provider: https://edirc.repec.org/data/bccrrcr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.