Price competitiveness strong in the US but weak in China, Bundesbank paper finds


A Bundesbank discussion paper finds that price competitiveness is strong in the US but low in China.

In A consistent set of multilateral productivity approach-based indicators of price competitiveness, Christoph Fischer and Oliver Hossfeld assess the international price competitiveness of 57 industrialised and emerging economies. 

The "novel" method is "designed to be a useful assessment tool for monetary policy authorities and, thereby, differs from previously proposed indicators, which are

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