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The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price … See more
1. ^ "ECB: Benefits of price stability-Quantitative definition of price stability". European Central Bank. Retrieved 2010-03-09. See more
• Harmonized Indexes of Consumer Prices: Their Conceptual Foundations ECB working paper no. 130 (PDF 856 KB)
• Compendium of HICP reference documents See moreIn sharp contrast with the US inflation index, the HICP does not include the cost of housing. This has been the subject of criticism from numerous academics, fellow central … See more
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