variable as some sort of average price. Instead it represents some price index indicating the average of the individual items …' price changes between the period considered and some base period. The Laspeyres and the Paasche index are cited as the best … to that of the base period. It is shown that a wide range of index formulas can be interpreted in this way, including the …

multilateral index number methods for computing month-to-month inflation. … prices and quantities that national statistical institutes can use to produce more accurate, timely, measures of inflation …

policy) rely on accurate measures of price change. Unfortunately, the price index formulae that most price statisticians … consumer price index. …

The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate …

monetary policy decision making: the use of a broader inflation measure that gives substantial weight to house prices and is … considered along with headline CPI inflation. We argue that, in terms of theory, the broader inflation gauge is at least as … suitable for measuring the value of money as headline CPI inflation is, but we also acknowledge practical problems that arise …

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

inflation index indeed has a forward-looking component, as it has favorable inflation forecasting properties on the policy … suggest that the sticky price inflation index is a useful indicator for inflation targeting central banks. ….e. whose price changes rarely) contain more information about medium term inflation developments than those of flexible price …

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

This study has adopted the actual household expenditure data from the national accountstoconstruct a true inflation … rate (using the Fisher index) and found that the official inflationrateinthe 33 OECD countries was an overestimate of true … inflation for 22 and underestimate in11countries in the first wave of the COVID-19 pandemic. The result obtained for the …

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