Inflation rates in the euro area have reached historic highs due in large part to high energy prices. As the euro area … is a net importer of energy, one refers to this inflation as imported inflation. There is a danger that these high … inflation rates will become entrenched in inflation expectations. This would not only imply that high inflation rates will …

Whereas strong demand is a key factor driving high inflation in the US, inflation in the Euro Area is mainly due to … prevent second-round effects. Long run inflation expectations — as measured by the survey of professional forecasters — still … seem to be well anchored. The ECB's announced tightening intends to dampen rising household's inflation expectations. Given …

compensate resulting losses of purchasing power only prolong the inflationary phase. Anchored inflation expectations are key to … keeping the inflation process temporary. While this clearly falls under the responsibility of the monetary authorities, fiscal …

This paper shows that there is a very large difference between the official measured inflation rate with its basket of … 650 types of goods and perceived inflation in Germany. While the inflation rate in Germany was 10.0% in September 2022 and … 10.4% in October, a nationwide survey revealed that respondents perceived inflation to be 34.15%. At the same time, the …

gemessener und wahrgenommener Inflation führen. Weiterhin wird untersucht, welche Personengruppen sich besonders von steigenden …In Europe and the U. S., official inflation rates reached a level of around 7 %-8 % in mid-2022. Based on survey data … for Germany, we show that there is a rising gap between the objective (administrative) inflation rate and the (subjective …

The slight slowdown of consumer price inflation in Germany in November does not yet constitute the beginning of lower … inflation rates. Even though energy prices are dragging inflation, producer prices have drastically increased in the past year …. Our estimates indicate that inflation rates will remain close to current levels until the end of 2023 and decrease only in …

Inflation und auch höhere Zinsen nicht nur temporär, sondern mittelfristig wieder möglich sind: De … eine Destabilisierung der Inflationserwartungen zu verhindern. Längerfristig könnte dieses Umfeld aus höherer Inflation und … Geldpolitik führen, deren Schwerpunkt dann wieder auf der Verhinderung von hoher Inflation und weniger im Verhindern von …