G-20 inflation measure paves way for co-ordinating policy

johnbtaylor
John Taylor has argued for closer co-operation on monetary policy

The G-20 group of major economies has unveiled a new aggregate consumer prices index (CPI) for its member countries, as part of efforts to fill "data gaps" identified after the global financial crisis.

The first release of the statistic was made yesterday, showing that inflation across the G-20 slowed from 3.2% in July to 3% in August. From now on the rate will be published on a monthly basis.

The G-20 CPI is calculated as a weighted average of year-on-year CPI rates for the 15 non-European Unio

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: