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008171031s2017    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-7/2017-16E-PDF
24500|aLow inflation in advanced economies |h[electronic resource] : |bfacts and drivers / |cby Sanjana Bhatnagar ... [et al.].
260 |a[Ottawa] : |bBank of Canada, |cc2017.
300 |aiii, 16 p. : |bcol. charts
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2017-16
500 |aCover title.
504 |aIncludes bibliographical references (p. 13).
520 |a"Core inflation has been persistently below target in most advanced economies since the global financial crisis. And it has weakened further in several advanced economies since 2016 despite gradually diminishing slack. Total inflation has also been subdued over most of this period, though much of its volatility since the crisis has been driven by energy price fluctuations. In this note, we take multiple approaches to help understand the dynamics driving core inflation. In Section 2, we delve into recent country-level developments in core inflation to identify any similarities in timing and sectoral drivers across advanced economies. In Section 3, we analyze the existence of any common underlying global trends in inflation across advanced economies. And finally, in Section 4, we examine the role of the domestic output gap and other potential drivers (such as inflation expectations, exchange rate movements, etc.) of inflation trends"--Introd., p. 1.
546 |aIncludes abstract in French.
69207|2gccst|aInflation
69207|2gccst|aInternational economics
7001 |aBhatnagar, Sanjana.
7102 |aBank of Canada.
830#0|aStaff analytical note (Bank of Canada)|x2369-9639 ; |v2017-16|w(CaOODSP)9.807323
85640|qPDF|s458 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-16-eng.pdf