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We assess the usefulness of a large set of electronic payments data comprising debit and credit card transactions, as well as cheques that clear through the banking system, as potential indicators of current GDP growth. These variables capture a broad range of spending activity and are available...
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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 …
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