Fluch, Manfred; Stix, Helmut - In: Monetary Policy & the Economy (2005) 3, pp. 22-47
often. According to recent hypotheses on perceived inflation (Brachinger, 2005a), the public furthermore perceives price … more difficult for consumers to become used to prices in euro. Perceived inflation proved to be unexpectedly persistent: It … was not until the beginning of 2005 that the gap between perceived inflation and actual inflation was more or less closed …