Harmonized Indices of Consumer Prices

European Commission Eurostat

Description

April 2005
Economy and finance
Target audience: Specialised/Technical

Informations

• Publié par: EUROPEAN-COMMISSION-EUROSTAT
• Nombre de lectures: 20
• Langue: Serbian

Extrait

Statistics

in focus

ECONOMY AND FINANCE

Prices

18/2005

Author Lene MEJER

C o n t e n t s Price Indices…………………….2 Rates of Change………………..4

EEA Index Numbers and Rates of Change…………..6

COICOP/HICP Main categories………………………..7

 Manuscript completed on: 25.05.2005 Data extracted on: 19.05.2005 ISSN 1024-4298 Catalogue number: KS-NJ-05-018-EN-N © European Communities, 2005

Harmonized Indices of Consumer Prices April 2005 z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z Euro-zone* annual inflation, as measured by the Monetary Union Index of Consumer Prices (MUICP), was 2.1% in April 2005, unchanged from March 2005. A year earlier the rate was 2.0%. EUannual inflation, as measured by the European Index of Consumer Prices (EICP)**, was 2.1% in April 2005 unchanged from March 2005. A year earlier the rate was 1.8%.

EEAannual inflation, as measured by the European Economic Area Index of Consumer Prices (EEAICP), was 2.1% in April 2005.

In April 2005, the highest annual rates in EU Member States were recorded inLatvia (7.1%),Estonia (4.7%),Hungary (3.8%) and Luxembourg(3.7%); the lowest rates were observed inSweden (0.4%),Finland(1.1%), theNetherlands(1.3%), theCzech Republic andGermany(both 1.4%).

For theUSA*** andJapan*** no April data was available in time for publication.

The inflation rates for theeuro-zone, theEUthe latest available and rates for theUSA*** andJapan*** are shown in the graph below.

Methodological notes can be accessed via the Eurostat internet site under Publications/Methods and nomenclatures/Harmonized Indices of Consumer Prices –Short guide for users(issue date: 17/05/2004).

___________________________ * The euro-zone comprises: Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland.

** The EICP (EICP=’European Index of Consumer Prices’ as defined in Council Regulation (EC) No 2494/95 of 23 October 1995) is the official EU aggregate. It covers 15 Member States until April 2004 and 25 Member States starting from May 2004. The ten new Member States are integrated into the EICP starting from May 2004 using a chain index formula.

*** For the USA and Japan the national CPIs are given, which are not strictly comparable with the HICPs.

Annual Rate of Change (%) 4 3.5 3 2.5 2 1.5 1 0.5 0 -0.5 -1 04/04 05/04 06/04 07/04 08/04 09/04 10/04 11/04 12/04 01/05 02/05 03/05 04/05

MUICP EICP US CPI JP CPI