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Inflation Developments in the Euro Area Since the Onset of the Pandemic


  • Christiane Nickel

    (European Central Bank)

  • Gerrit Koester

    (European Central Bank)

  • Eliza Lis

    (European Central Bank)


There is hope that the Russian war on Ukraine could expedite the energy transition in Europe leading to a new and more environmentally sustainable steady state.

Suggested Citation

  • Christiane Nickel & Gerrit Koester & Eliza Lis, 2022. "Inflation Developments in the Euro Area Since the Onset of the Pandemic," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(2), pages 69-75, March.
  • Handle: RePEc:spr:intere:v:57:y:2022:i:2:d:10.1007_s10272-022-1032-y
    DOI: 10.1007/s10272-022-1032-y

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    References listed on IDEAS

    1. Francesco D'Acunto & Ulrike M. Malmendier & Michael Weber & Michael Weber, 2022. "What Do the Data Tell Us about Inflation Expectations?," CESifo Working Paper Series 9602, CESifo.
    2. Ehrmann, Michael & Ferrucci, Gianluigi & Lenza, Michele & O'Brien, Derry, 2018. "Measures of underlying inflation for the euro area," Economic Bulletin Articles, European Central Bank, vol. 4.
    3. Rubene, Ieva & Koester, Gerrit, 2021. "Recent dynamics in energy inflation: the role of base effects and taxes," Economic Bulletin Boxes, European Central Bank, vol. 3.
    4. Lis, Eliza & Nordeman, Jakob, 2021. "Prices for travel during the COVID-19 pandemic: is there commonality across countries and items?," Economic Bulletin Boxes, European Central Bank, vol. 1.
    5. Koester, Gerrit & Ricarte, Sofia Cuquerella & Gomez-Salvador, Ramon, 2022. "Recent inflation developments in the United States and the euro area – an update," Economic Bulletin Boxes, European Central Bank, vol. 1.
    6. O’Brien, Derry & Dumoncel, Clémence & Gonçalves, Eduardo, 2021. "The role of demand and supply factors in HICP inflation during the COVID-19 pandemic – a disaggregated perspective," Economic Bulletin Articles, European Central Bank, vol. 1.
    7. Koester, Gerrit & Grapow, Helen, 2021. "The prevalence of private sector wage indexation in the euro area and its potential role for the impact of inflation on wages," Economic Bulletin Boxes, European Central Bank, vol. 7.
    Full references (including those not matched with items on IDEAS)


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    Cited by:

    1. Bobeica Elena & Holton Sarah & Koester Gerrit, 2023. "Bringing Inflation Back Under Control," Intereconomics: Review of European Economic Policy, Sciendo, vol. 58(3), pages 136-141, June.
    2. Philippe Goulet Coulombe & Karin Klieber & Christophe Barrette & Maximilian Goebel, 2024. "Maximally Forward-Looking Core Inflation," Papers 2404.05209,
    3. Paolo Pasimeni, 2022. "Supply or Demand, that is the Question: Decomposing Euro Area Inflation," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(6), pages 384-393, November.

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    More about this item


    E31; P44; J30;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • P44 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - National Income, Product, and Expenditure; Money; Inflation
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General


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