Measuring and explaining inflation is of great importance for political and economic decision makers. Various price indices are compiled at the national and European level, some of which show significantly different price trends due to their different focuses. The sharp rise in inflation rates...

In the March 2024 issue, Wirtschaftsdienst published an article entitled "Inflation calculation: ECB Interest Rate Policy is Not Statistically Recognised as a Driver of Inflation" by Johannes Schwanitz. Manuel Rupprecht takes a different view in a reply; Schwanitz then explains his position in a...