Inflation Targeting and Inflation Measurement in the Euro Area in Transition

Abstract Many people in the euro area increasingly feel that the general loss of purchasing power of money is much higher than the officially measured inflation rates. For example, according to survey results, perceived inflation in the first quarter of 2021 in the euro area was 4.5 %, while the off...

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Bibliographic Details
Main Authors: Gunther Schnabl, Tim Florian Sepp
Format: Article
Language:deu
Published: Springer 2021-08-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-2980-8