IDEAS home Printed from https://ideas.repec.org/p/cpr/ceprdp/19822.html

Post-Covid Inflation in Emerging Europe

Author

Listed:
  • Gürkaynak, Refet

Abstract

With the notable exception of Turkey, the post-Covid inflationary episode in Emerging Europe followed the same contours as in advanced economies and was primarily due to external shocks, especially in energy prices. The Turkish case was due to misguided monetary policy that led to inflation that is an order of magnitude higher and more persistent. Emerging European countries’ post-Covid inflation surges depended on their exposure to energy prices based on the weight of energy in the consumption basket and the energy intensity of production, as well as the share of imported energy used in the country. In these regards, Emerging European countries were no different from euro area countries.

Suggested Citation

  • Gürkaynak, Refet, 2025. "Post-Covid Inflation in Emerging Europe," CEPR Discussion Papers 19822, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:19822
    as

    Download full text from publisher

    File URL: https://cepr.org/publications/DP19822
    Download Restriction: no
    ---><---

    More about this item

    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:cpr:ceprdp:19822. 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: CEPR (email available below). General contact details of provider: https://cepr.org/ .

    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.