We investigate co-movements and heterogeneity in inflation dynamics of different regions within and across euro area … countries using a novel disaggregate dataset to improve the understanding of inflation differentials in the European Monetary … Union. We employ a model where regional inflation dynamics are explained by common euro area and country specific factors as …

We investigate co-movements and heterogeneity in inflation dynamics of different regions within and across euro area … countries using a novel disaggregate dataset to improve the understanding of inflation differentials in the European Monetary … Union. We employ a model where regional inflation dynamics are explained by common euro area and country specific factors as …

output or inflation as in the empirical quot;two-pillarquot; Phillips curves estimated in some recent contributions, it would … of ECB-style cross-checking does not require direct effects of money on output or inflation …

output or inflation as in the empirical "two-pillar" Phillips curves estimated in some recent contributions, it would be …-checking does not require direct effects of money on output or inflation …

sectoral regional inflation rates and exhibits much less volatility than previous findings for the US indicate. We further … role in addition to the sector-specific factors, emphasising heterogeneity of inflation dynamics along different dimensions …

techniques can help to improve the nowcast of monthly German inflation in real time. Our nowcasting exercise targets three … the lowest aggregation level underlying official German inflation, such as those of butter and coffee beans. We show that … demonstrate that these scanner-based price indices improve inflation nowcasts at this very narrow level, notably already after the …

the real-time nowcast of German inflation. Our nowcasting exercise targets three hierarchy levels of inflation: individual … products, product groups, and headline inflation. At the individual product level, we construct a large set of weekly scanner …-frequency setup, these indices significantly improve inflation nowcasts already after the first seven days of a month. For nowcasting …