Inflation differential

At the ECB, either – differences between price developments within the EMU or – divergences in inflation rates between the euro area and other major economic centers, especially the United States. – See inflation differentials, composition effect, price dispersion, real interest rate argument,
Exchange rate effect, real. – Cf. the current values in the annex “Statistics of the Euro-
Monetary Area,” “Developments Outside the Euro Area” section of the respective ECB Monthly Bulletin, ECB Monthly Bulletin of April 2003, p. 25 f., ECB Annual Report 2003, p. 16 f., ECB Monthly Bulletin of January 2011, p. 42 ff. (reasons for inflation differentials in the euro area; overviews; explanations).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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