2010-2019, we document new findings on consumer price rigidity in the euro area: (i) each month on average 12.3% of prices … change, which compares with 19.3% in the United States; when we exclude price changes due to sales, however, the proportion … of prices adjusted each month is 8.5% in the euro area versus 10% in the United States; (ii) differences in price …

inflation, in which only the intensive margin (the size of price increases) adjusts in response to changes in demand and supply … commodity categories, strongly suggests that price increases (inflation) are influenced not only by aggregate trends but also by …The failure to predict the surge in inflation in 2021 raises questions about whether we are better equipped to …

We provide new evidence on price rigidity at the product level based on microdata underlying the Swiss consumer price … index from 2008 to 2020. We find that the frequency of price changes has increased over the last decade, particularly among … products where collection switched to online prices, reflecting the rise of e-commerce. Furthermore, price changes tend to be …