More specifically, it may fail to appreciate that widespread holdings of assets exposed to a common risk can generate catastrophic consequences for the system as a whole. When the value of those assets starts falling, a fire  12  See: ECB (1999), “The stability-oriented monetary policy strategy of the Eurosystem”, Monthly Bulletin (January).
We calculate the CPI in line with the methodology of the Statistical Office. The whole process of inflation nowcasting based on web scraping is automated, i.e. both data scraping and processing are automated, which enables us to monitor inflation on a weekly or even daily basis.