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Underlying Consumer Price Inflation in China

Author

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  • Iris Day

    (Reserve Bank of Australia)

Abstract

Underlying inflation measures seek to look through the volatility often inherent in headline inflation, and can be useful for assessing inflationary pressures in a given economy. This article describes new trimmed mean measures of underlying inflation that we have constructed for China and compares their performance with other measures of underlying consumer price inflation. A range of underlying inflation measures suggest that inflationary pressures have increased gradually since early 2016, although they remain low by historical standards.

Suggested Citation

  • Iris Day, 2017. "Underlying Consumer Price Inflation in China," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 29-36, December.
    • Handle: RePEc:rba:rbabul:dec2017-04
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2017/dec/pdf/bu-1217-4-underlying-consumer-price-inflation-in-china.pdf
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    References listed on IDEAS

    as
    1. Brent Meyer & Guhan Venkatu, 2012. "Trimmed-mean inflation statistics: just hit the one in the middle," Working Papers (Old Series) 1217, Federal Reserve Bank of Cleveland.
    2. Mikael Khan & Louis Morel & Patrick Sabourin, 2015. "A Comprehensive Evaluation of Measures of Core Inflation for Canada," Discussion Papers 15-12, Bank of Canada.
    3. Marlene Amstad & Ye Huan & Guonan Ma, 2014. "Developing an underlying inflation gauge for China," Working Papers 853, Bruegel.
    4. Jonathan Kearns, 1998. "The Distribution and Measurement of Inflation," RBA Research Discussion Papers rdp9810, Reserve Bank of Australia.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Chen, Jie & Chen, Yu & Hill, Robert J. & Hu, Pei, 2022. "The user cost of housing and the price-rent ratio in Shanghai," Regional Science and Urban Economics, Elsevier, vol. 92(C).
    2. Opeoluwa Adeniyi Adeosun & Mosab I. Tabash & Xuan Vinh Vo & Suhaib Anagreh, 2023. "Uncertainty measures and inflation dynamics in selected global players: a wavelet approach," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(4), pages 3389-3424, August.

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