this has on the measurement of inflation. Using a large US scanner data set on supermarket products and applying flexible … introduces a systematic bias in the measurement of inflation. For our data we find that the life cycle bias leads to the … underestimation of inflation by around 0.30 percentage points each year for the products examined …

under-weighted, but the under-weighting remains fairly stable over time so that inflation measurement is not signi ficantly … both the representativeness of prices included in the CPI and on estimates of inflation. We use high-frequency scanner data …

time so that inflation measurement is not significantly affected. In addition, we find evidence that the typical practice … estimates of inflation. We use high-frequency scanner data from US supermarkets to explore if there is any systematic …

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

How much does quality adjustment matter in measuring consumer price inflation? To address this question, we use … inflation only by 0.06 percentage points, which is balanced out by an increase due to quantity adjustment (e.g. a smaller … deriving the distribution of member states’ cumulative inflation rates for typical quality-adjusted products. Our macro …

pricing effects and then examines the bias it can introduce in measured inflation. A large US supermarket scanner data set for …

Trimmed-mean Personal Consumption Expenditure (PCE) inflation does not clearly dominate ex-food-and-energy PCE … inflation in real-time forecasting of headline PCE inflation. However, trimmed-mean inflation is the superior communications and … policy tool because it is a less-biased real-time estimator of headline inflation and because it more successfully filters …

This paper provides an extensive literature review and analyses some open issues in the measurement of inflation that …. Consumer behaviour is characterised by preference shifts and heterogeneity, which influence the measurement of the cost of … "green" products. Furthermore, PRISMA data show that consumption baskets and thus inflation vary across income classes (e …

displayed by U.S. inflation data and discussing conceptual issues around measurement, we provide a unified framework to …We discuss the concept of core inflation and its relevance for policymakers and then review a variety of approaches …