IDEAS home Printed from https://ideas.repec.org/a/ecb/ecbbox/202500055.html
   My bibliography  Save this article

Uncertainty in seasonally adjusted services inflation: the role of Easter and travel

Author

Listed:
  • Eiglsperger, Martin
  • Porqueddu, Mario
  • Wieland, Elisabeth

Abstract

This box outlines the uncertainty related to the seasonal and calendar adjustment of the euro area Harmonised Index of Consumer Prices (HICP) for services. To gauge the impact of statistical estimations with respect to this uncertainty, we zoom in on historical revisions of seasonal and calendar adjustments conducted by the ECB and the results of alternative methods. The implications for the interpretation of services momentum – which moved up sharply recently – are derived from these findings. JEL Classification: E31;

Suggested Citation

  • Eiglsperger, Martin & Porqueddu, Mario & Wieland, Elisabeth, 2025. "Uncertainty in seasonally adjusted services inflation: the role of Easter and travel," Economic Bulletin Boxes, European Central Bank, vol. 5.
    • Handle: RePEc:ecb:ecbbox:2025:0005:5
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//press/economic-bulletin/focus/2025/html/ecb.ebbox202505_05~977c8f03a8.en.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecb:ecbbox:2025:0005:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Official Publications (email available below). General contact details of provider: https://edirc.repec.org/data/emieude.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.