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Harmonised index of consumer prices (HICP)

External Data Spec Published 08 Nov 2017
1 min read
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Statistical Office of the European Union (Eurostat)
information.png Dataset URL:
http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=prc_hicp_aind&lang=en
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Eurostat/Economy and finance/Prices/Harmonised indices of consumer prices/HICP (2015 = 100) - annual data (average index and rate of change) (prc_hicp_aind)

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Real change in transport prices by mode This indicator looks at real price indices of passenger transport based on a fixed transport product in the 28 EU Member States, relative to an average consumer price index, the Harmonised Index of Consumer Prices (HICP). The HICP gives comparable measures of inflation for the countries and country groups for which it is produced. It is an economic indicator that measures the change over time in the prices of consumer goods and services acquired by households. In other words, it is based on a set of consumer price indices calculated according to a harmonised approach and a single set of definitions. In particular, the HICP provides the official measure of consumer price inflation in the euro zone for the purposes of monetary policy and the assessment of inflation convergence, as required under the Maastricht criteria (also known as convergence criteria ).
Transport fuel prices and taxes in Europe This indicator considers the price of fuel in the EU, including cost price, excise duty and VAT. Definitions: 'All petrol' is a consumption-weighted average price of both leaded and unleaded fuel, corrected using the energy-content of an equivalent amount of unleaded petrol. 'All fuel, unleaded petrol equivalent' is a consumption-weighted average price of unleaded and leaded petrol and diesel, corrected using the energy content of an equivalent amount of unleaded petrol. 'Nominal' is the price with no adjustment for inflation. 'Real' is the price corrected for inflation, using 2015 as the baseline year. 'Average, all fuel, unleaded petrol equivalent (real, weighted by consumption)' is the consumption-weighted average of the 'All fuel, unleaded petrol equivalent (real)' line across the full time series.

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For references, please go to https://www.eea.europa.eu/data-and-maps/data/external/hicp-2015-100-annual-data or scan the QR code.

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