Should the ECB add owner-occupied housing costs to its inflation measure?

house767

Some economists and policy-makers are calling for the European Central Bank to add owner-occupied housing (OOH) costs to its inflation index.

Senior ECB official Yves Mersch has made a case for adding owner-occupier costs to the official inflation index used by the ECB. The debate follows almost seven years of the ECB failing to meet its inflation target. It was given more impetus by the launch of the ECB’s strategy review in January, the first one of the institution since 2003.

The ECB aims

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.