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What is Understanding Underlying Inflation in 2023 about?

The document discusses the importance of underlying inflation measures for guiding monetary policy in Malaysia, emphasizing that headline inflation can be misleading due to temporary price shocks. It outlines various methods for estimating underlying inflation, including permanent-exclusion, statistical-exclusion, and model-based measures, each with its strengths and weaknesses. The article highlights the need for a nuanced understanding of these measures to accurately assess inflation dynamics and inform p

Author

haha888

Language

EN