Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

Observations for the current and future years are projections. The IMF provides these series as part of their Regional Economic Outlook (REO) reports. These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in their regions and provide country-specific data and analysis. For more information, please see the Regional Economic Outlook (https://www.imf.org/en/publications/reo) publications. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available here (http://www.imf.org/external/terms.htm).

OECD Data Filters: REF_AREA: JPN MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: IND MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: AUS MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: KOR MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: EA19 MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: NZL MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: SVN MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: MEX MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: ISL MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: HUN MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: FIN MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: DEU MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: CHL MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: AUT MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

OECD Data Filters: REF_AREA: IDN MEASURE: CCRE UNIT_MEASURE: IX ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z TIME_HORIZ: _Z METHODOLOGY: N FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary Federal Reserve Bank of Cleveland May 19, 2010: 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary Federal Reserve Bank of Cleveland May 19, 2010: 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002 (https://doi.org/10.26509/frbc-ec-201002).