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Exchange-rate pass-through (ERPT) is a measure of how responsive international prices are to changes in exchange rates. Formally, exchange-rate pass-through is the elasticity of local-currency import prices with respect to the local-currency price of foreign currency. It is often measured as the percentage change, in the local currency, of import prices resulting from a one percent change in the exchange rate between the exporting and importing countries. A change in import prices affects retail and consumer prices. When exchange-rate pass-through is greater, there is more transmission of inflation between countries. Exchange-rate pass-through is also related to the law of one price and purchasing power parity.

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  • Exchange-rate pass-through (ERPT) is a measure of how responsive international prices are to changes in exchange rates. Formally, exchange-rate pass-through is the elasticity of local-currency import prices with respect to the local-currency price of foreign currency. It is often measured as the percentage change, in the local currency, of import prices resulting from a one percent change in the exchange rate between the exporting and importing countries. A change in import prices affects retail and consumer prices. When exchange-rate pass-through is greater, there is more transmission of inflation between countries. Exchange-rate pass-through is also related to the law of one price and purchasing power parity. (en)
  • Le taux de transmission au taux de change (en anglais : exchange rate pass-through rate) est une estimation de l'élasticité des prix au niveau international, à travers les taux de change. (fr)
  • O repasse da taxa de câmbio (ERPT) é uma medida de como os preços internacionais respondem às mudanças nas taxas de câmbio. Formalmente, o repasse da taxa de câmbio é a elasticidade dos preços de importação em moeda local em relação ao preço em moeda local da moeda estrangeira. Freqüentemente, é medido como a variação percentual, na moeda local, dos preços de importação resultante de uma variação de um por cento na taxa de câmbio entre os países exportadores e importadores. Uma mudança nos preços de importação afeta os preços de varejo e ao consumidor. Quando o repasse cambial é maior, há mais transmissão da inflação entre os países. O repasse da taxa de câmbio também está relacionado à lei do preço único e da paridade do poder de compra. (pt)
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  • Exchange-rate pass-through (ERPT) is a measure of how responsive international prices are to changes in exchange rates. Formally, exchange-rate pass-through is the elasticity of local-currency import prices with respect to the local-currency price of foreign currency. It is often measured as the percentage change, in the local currency, of import prices resulting from a one percent change in the exchange rate between the exporting and importing countries. A change in import prices affects retail and consumer prices. When exchange-rate pass-through is greater, there is more transmission of inflation between countries. Exchange-rate pass-through is also related to the law of one price and purchasing power parity. (en)
  • Le taux de transmission au taux de change (en anglais : exchange rate pass-through rate) est une estimation de l'élasticité des prix au niveau international, à travers les taux de change. (fr)
  • O repasse da taxa de câmbio (ERPT) é uma medida de como os preços internacionais respondem às mudanças nas taxas de câmbio. Formalmente, o repasse da taxa de câmbio é a elasticidade dos preços de importação em moeda local em relação ao preço em moeda local da moeda estrangeira. Freqüentemente, é medido como a variação percentual, na moeda local, dos preços de importação resultante de uma variação de um por cento na taxa de câmbio entre os países exportadores e importadores. Uma mudança nos preços de importação afeta os preços de varejo e ao consumidor. Quando o repasse cambial é maior, há mais transmissão da inflação entre os países. O repasse da taxa de câmbio também está relacionado à lei do preço único e da paridade do poder de compra. (pt)
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  • Exchange-rate pass-through (en)
  • Taux de transmission au taux de change (fr)
  • Repasse da taxa de câmbio (pt)
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