Menz, Jan-Oliver; Wieland, Elisabeth; Mehrhoff, Jens - 2022
How much does quality adjustment matter in measuring consumer price inflation? To address this question, we use … different sources of micro and macro price data for Germany and the euro area. For Germany, we find that quality adjustment … inflation only by 0.06 percentage points, which is balanced out by an increase due to quantity adjustment (e.g. a smaller …