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Background: The Consumer Price Index (CPI) is the main indicator for determining the prices level of a certain economy. The above-mentioned rate refers to the average prices on an indicated period and it is calculated mainly on goods consumed basis by selected families through weighting criteria...
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How much does quality adjustment matter in measuring consumer price inflation? To address this question, we use different sources of micro and macro price data for Germany and the euro area. For Germany, we find that quality adjustment applies to a large range of goods and services but, on...
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This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and candidate economies with quarterly data from 1994 to...
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