Harmonised index of consumer prices
From ACT Wiki
Inflation measures - European Union.
(HICP).
The Harmonised Index of Consumer Prices (HICP) is compiled by National Statistics Institutes (NSIs) of the European Union member states and European Free Trade Association (EFTA) members and provided to Eurostat (the statistical authority of the European Union).
Eurostat sets the methodological guidelines for the index in order to make the HICP internationally comparable between member states.
The HICP for the UK is the Consumer Prices Index (CPI).
See also
- Consumer Prices Index (CPI)
- European Central Bank (ECB)
- European Free Trade Association (EFTA)
- Eurostat
- Inflation
- Inflation target
