Norges Bank

Staff Memo

CPIXE and projections for energy prices

Author:
By Einar W. Nordbø
Series:
Staff Memo
Number:
7/2008

This paper describes the new indicator of underlying inflation used at Norges Bank, the consumer price index adjusted for tax changes and excluding temporary changes in energy prices (CPIXE). In particular, we discuss the projections for energy prices, which impact on the estimated trend change in energy prices in the CPIXE.

Staff Memo inneholder utredninger og dokumentasjon skrevet av Norges Banks ansatte og andre forfattere tilknyttet Norges Bank. Synspunkter og konklusjoner i arbeidene er ikke nødvendigvis representative for Norges Bank.

ISSN 1504-2596 (online)

Published 29 October 2008 14:15
Published 29 October 2008 14:15