Households differ considerably in terms of the inflation they experience at any point in time. This column examines the nature and sources of inflation differences for purchases of supermarket goods across a large panel of French and German households. The main reasons for the differences are that prices (and thus price changes) differ from place to place and that households do not all buy the same products. Households adjust their purchases over time, but not enough to offset these differences.

Tag-uri: Inflatie