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Parsing Out the Sources of Inflation


Abstract: The authors have developed a statistical model that breaks down total Personal Consumption Expenditures (PCE) inflation into underlying supply and demand factors, enabling quantification of those sources of price pressures as they arise.

JEL Classification: E31; C11; C32;

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File(s): File format is application/pdf https://www.bostonfed.org/-/media/Documents/Workingpapers/PDF/2025/cpp_20250327.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Current Policy Perspectives

Publication Date: 2025-03-27

Number: 25-5