Corsello, F. and A. Tagliabracci (2022) “Assessing the pass-through of energy prices to core and food inflation in the euro area”, Banca d’Italia, manuscript. Corsello, F. and M. Riggi (2022) “Inflation is not equal for all: Italian inflation by household expenditure”, Banca d’Italia, manuscript.
During the year, the exchange rate of rupee, over the end-March 2003 level appreciated by 9.5 per cent against US dollar, while it depreciated by 3.1 per cent against the euro, 5.9 per cent against the Pound sterling and 4.4 per cent against the Japanese yen.