Harmonised Indices of Consumer Prices (HICP) - Financial definition
Financial acronyms
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Concise definition of the term Harmonised Indices of Consumer Prices
The Harmonised Indices of Consumer Prices are a series of consumer price indices for the eurozone, the EU and the EEA which are compiled using a harmonised approach and a single set of definitions.
Comprehensive definition of the term Harmonised Indices of Consumer Prices
The HICP provide an official measure for the ECB as inflation indictors for the eurozone and thus a basis for its monetary policy.