Article in Journal

On the Measurement of Consumer Price Developments in the Euro Area

Wolfgang Nierhaus
ifo Institut, München, 2021

ifo Schnelldienst, 2021, 74, Nr. 06, 67-73

The Statistical Office of the European Union has been publishing the Harmonized Index of Consumer Prices for the euro area (HICP-EMU) since 1997. This article presents the methodology and results and shows the influence of indirect taxation on price developments. In addition, special effects in the German HICP due to the pandemic are discussed.

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ifo Institut, München, 2021