Solving the owner-occupied housing puzzle
A group of researchers has outlined what they see as a better method of integrating owner-occupied housing into the CPI
The question of how to integrate owner-occupied housing (OOH) costs into headline inflation continues to bedevil European statisticians. But new research published by the Luxembourg Institute of Socio-Economic Research (LISER) suggests the current option favoured in Europe may not be the best one.
Housing accounts for a sizeable chunk of the typical household’s monthly budget – around 22% of disposable income on average across the European Union in 2016 – and around 70% of the EU’s population
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