Graph 8  Monthly CPI – Select Items September 2017 = 100, non-seasonally adjusted index  index Furnishings, household equipment & services*  110  110  100  100 Clothing & footwear  90  90  80  2017  2018  2019  2020  2021  2022  2023  80  *  Two-thirds of this inflation category by weight are goods; none of the services items in this category are measured in the first month of the quarter.
*  *  *  Ladies and gentlemen, It is a great pleasure for me to welcome you on behalf of the Executive Board of the European Central Bank to this topical workshop on “Understanding the yield curve: what has changed with the crisis?”.