Beck, Günter W.; Carstensen, Kai; Menz, Jan-Oliver; … - 2024
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 …