- Statistics illustrated
The HICP measures the changes over time in the prices of consumer goods and services acquired by households.
The HICP gives a comparable measure of inflation in the euro area, the EU, the European Economic Area and for other countries including accession and candidate countries. It is calculated according to a harmonised approach and a single set of definitions.
The HICP provides the official measure of consumer price inflation in the euro area for the purpose of monetary policy and for the assessment of inflation convergence as required under the Maastricht criteria.
HICP data are published twice a month. A flash estimate for the euro area is published at the end of the month followed by the full series of indices for Member States and at European level, including HICP at constant taxes, approximately two weeks later (see release calendar).
New HICP reference year 2015=100
Since the release of January 2016 data on 25 February 2016, the HICP and HICP-CT index series are published in reference year 2015=100.
From the release of March 2016 data on 14 April 2016, Eurostat is providing the complete HICP index series also in reference years 2005=100 and 1996=100. These data are included in the HICP table prc_hicp_midx. The reference year 2015, 2005 or 1996 can be selected in the 'Unit' tab. The index reference year 2015 is set as the default.