HICP
E406749
HICP (Harmonised Index of Consumer Prices) is a standardized measure of consumer price inflation used across European Union countries to enable consistent comparison of inflation rates.
All labels observed (3)
| Label | Occurrences |
|---|---|
| HICP canonical | 2 |
| HICP all-items index | 1 |
| HICP by COICOP consumption categories | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
economic indicator
ⓘ
inflation measure ⓘ price index ⓘ |
| abbreviation | HICP self-linksurface differs ⓘ |
| appliesTo | household final monetary consumption expenditure ⓘ |
| baseConcept | Laspeyres-type index ⓘ |
| classificationSystem | COICOP ⓘ |
| component |
HICP
self-linksurface differs
ⓘ
surface form:
HICP all-items index
HICP self-linksurface differs ⓘ
surface form:
HICP by COICOP consumption categories
HICP excluding energy ⓘ HICP excluding energy and unprocessed food ⓘ |
| coordinatedBy | Eurostat ⓘ |
| covers |
goods
ⓘ
services ⓘ |
| currencyReference | euro area context ⓘ |
| dataFormat |
annual inflation rates
ⓘ
index numbers ⓘ monthly inflation rates ⓘ |
| distinguishedFrom | national consumer price indices ⓘ |
| frequency | monthly ⓘ |
| fullName |
Consumer Price Index
ⓘ
surface form:
Harmonised Index of Consumer Prices
|
| geographicalScope |
European Economic Area
ⓘ
surface form:
European Economic Area countries
European Union member states ⓘ euro area aggregate ⓘ |
| introducedBy | European Union ⓘ |
| legalFramework | EU regulations on HICP ⓘ |
| measures | consumer price inflation ⓘ |
| methodology | harmonised across EU member states ⓘ |
| publisher | Eurostat ⓘ |
| purpose |
ensure comparability of inflation rates across countries
ⓘ
provide common measure of consumer price inflation ⓘ |
| qualityRequirement |
comparability across countries
ⓘ
reliability ⓘ timeliness ⓘ |
| referencePopulation | households ⓘ |
| startPeriod | mid-1990s ⓘ |
| subjectArea |
macroeconomics
ⓘ
price statistics ⓘ |
| usedAs | primary inflation measure for ECB price stability assessment ⓘ |
| usedBy |
European Central Bank
ⓘ
European Commission ⓘ national statistical offices in EU member states ⓘ |
| usedFor |
cross-country inflation comparison
ⓘ
economic surveillance ⓘ monetary policy analysis ⓘ |
| usedIn |
European Union
ⓘ
convergence criteria assessment for euro adoption ⓘ euro area ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Harmonised Index of Consumer Prices
subject surface form:
Harmonised Index of Consumer Prices
this entity surface form:
HICP all-items index