4  BIS Review 67/2002  In addition, the U.K. Financial Services Authority and the Bank of England have issued reports on credit derivatives in recent years. Thanks to these efforts, we have a much better picture of the credit derivatives market than we did a year or two ago.
3  Core inflation is generally estimated by excluding volatile food and fuel components from the headline inflation, though there are various statistical methods of estimation of core inflation. Analytically, core inflation is considered as an indicator of demand conditions. 4  Estimated by Bai-Perron test.