systematically understated. The effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …

published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing products …

published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …

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 …

estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …

explain the persistence of inflation. However, both of these theories are inconsistent with the micro data on prices. In this … difference between the GTE and its popular alternatives in terms of inflation persistence, a difference arises when it comes to …

-difference version is not so suspect. While evidence is found of a long-run relationship between Austria inflation and money growth, even … also rejected, but there is a statistically significant long-run relationship between Austrian and German inflation …

In this paper we argue that future inflation in an economy depends on the way people perceive current inflation, their … inflation sentiment. We construct some simple measures of inflation sentiment which capture whether price acceleration is shared … by many components of the CPI basket. In a comparative analysis of the forecasting power of the different inflation …

inflation. We find that sentiment indicators are competitive in providing inflation forecasts against a large set of common …