Those responsible are 5.3% over one year (consensus of 4.8%), against BOFIT 4.3%.
Source: BOFIT (2024).
The BOFIT alternative is based on reported nominal GDP and uses an alternative price deflator.
THE Fernald-Hsu-Spiegel CCAT is not yet available for the first quarter. In the fourth quarter of 2023, the annual CCAT deviation from trend was slightly higher than official GDP.