Castro Rozo, César Augusto

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https://academica-e.unavarra.es/handle/2454/48829

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Castro Rozo

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César Augusto

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Economía

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INARBE. Institute for Advanced Research in Business and Economics

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0000-0002-1367-3808

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88911

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811700

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Subject: Brent ×

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    PublicationOpen Access
    Do we see the effects of oil variations in official statistics price data?
    (Sociedad Estadística e Investigación Operativa (SEIO), 2011) Castro Rozo, César Augusto; Poncela, Pilar; Senra, Eva; Economía; Ekonomia
    Usually, positive oil shocks are to be blamed for highly increasing general prices. In this paper we are going to measure how the variations in oil prices are related to inflation in a different way in Spain and in the Euro Area, increasing the inflation differential. We also look at the inflation differential for some of the special groups of products as defined by EUROSTAT. To measure an oil shock we will use statistics for the Brent oil price provided by the US Energy Information Administration (EIA) and for inflation we will use data publised by EUROSTAT for different disaggregation levels.