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    Published on Wednesday, May 4, 2011

    Deciphering the components of inflation

    Summary

    Commodities impart limited pass-through to overall inflation. Lower inflation expected in 2012 than 2011 given a decline in commodities. We do not expect a stagflation outcome in the US

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    Authors

    BBVA Research BBVA Research

    Documents and files

    Report (PDF)

    110504_EconomicWatchEEUU_111_esp_tcm346-256034.pdf

    Spanish - May 4, 2011

    Report (PDF)

    110504_EconomicWatchEEUU_111_tcm348-256034.pdf

    English - May 4, 2011

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