Decomposing Import Price Inflation in the EU
This thesis examines what drives import price inflation in the EU by decomposing it into supply and demand driven inflation. The decomposition is done by using product level import data retrieved from Eurostat. The paper examines the period from 2019-01 to 2023-01 which captures events such as the Covid-19 and the war in Ukraine. To classify the product as demand or supply driven, two methods are
