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Fiscal developments in the euro area Box 7 - Article from the Monthly Report May 2015
55 KB, PDF
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Exchange rate statistics - May 2015 Statistical Supplement 5 to the Monthly Report
525 KB, PDF
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Regulating Financial Markets
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Coins study Impact assessment of rounding in the retail sector
485 KB, PDF
This study investigates the effects on consumer prices of rounding final total prices or individual prices in the retail sector. The empirical analysis based on around 70,000 sales receipts shows that, when the final total price is rounded commercially to the nearest whole 5 euro cent increment, virtually no effect on the price level can be expected.
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