Benchimol, Jonathan; Caspi, Itamar; Levin, Yuval - 2023
interpretation of official inflation data, which are calculated by the Central Bureau of Statistics (CBS) based on a fixed basket of … during the COVID-19 period. We use this synthetic COVID-19 basket to calculate the adjusted inflation rate that should … prevail during the pandemic period. We find that the differences between COVID-19-adjusted and CBS (unadjusted) inflation …