Journal Article

Tracking inflation in the service sector


Abstract: In the last forty years, inflation in the service sector has consistently exceeded inflation in the rest of the economy. This article investigates whether the observed difference in inflation rates reflects upward bias in the measurement of service prices.

Keywords: Inflation (Finance); Service industries; Consumer price indexes;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Quarterly Review

Publication Date: 1991

Volume: 16

Issue: Sum

Pages: 30-35