Staff Memo

CPIXE and projections for energy prices

Author: By Einar W. Nordbø
Series: Staff Memo
Number: 7/2008

This paper describes the new indicator of underlying inflation used at Norges Bank, the consumer price index adjusted for tax changes and excluding temporary changes in energy prices (CPIXE). In particular, we discuss the projections for energy prices, which impact on the estimated trend change in energy prices in the CPIXE.

Published 29 October 2008 14:15