In my talk today, I will briefly review the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. I will also focus on different secondary (derived) measures of inflation, particularly core inflation, and end the discussion with some thoughts on the way forward. 3. What is inflation? Why do we care so much about inflation?
For those of you here who have children, this is a good opportunity for them to learn about the euro in an entertaining way. Before I conclude, I would like to offer my sincere thanks to Ms Kugler, Mr Gold and their teams for their cooperation and for making this evening a success.