well as the improvements made to this measure of inflation since 2003 – finds that the HICP continues to fulfil the … replacement and quality adjustment. Such measures may also help reduce the measurement bias that still exists in the HICP. Overall …, a knowledge gap concerning the exact size of the measurement bias of the HICP remains, which calls for further research …

Statistical offices use the matched models method to compile consumer price indices (CPIs) to measure inflation. The … substantial underestimates of inflation. Hedonic indices use the whole sample. They are argued to be more useful to price … measurement in markets with a rapid turnover of models in order to avoid the demonstrated bias …

including OOH in the HICP to derive a new inflation index. We discuss the conceptual and measurement issues involved …. We show that since 2011 the estimated impact of including OOH in HICP annual inflation, based on either the "net … suggests that including OOH based on the rental equivalence approach decreases the cyclicality of the new inflation index …

Hungary has a history of high inflation rates. After the transformation period inflation reached up to 35% in the early … 1990ies. Since then, economic policy measures contributed to signifi-cantly lower inflation and during the mid-2010s it was … even close to zero. Inflation rates have begun to rise even before the war in Ukraine, however, the rise of inflation …