The fact that price changes – as in the case of petroleum products, for example – are more strongly reflected in those baskets of goods in which the price-changing good has a relatively high weight. – This phenomenon is particularly important for explaining the differences in price developments between individual countries within the euro area in the Harmonized Index of Consumer Prices and is given special attention by the ECB. – See oil inflation, inflation, perceived, inflation differentials, metal inflation, quality changes, cost-of-living price index, price dispersion, stimulus threshold, substitution behavior, exchange rate effect, real.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/