In the European Union, the inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates. The main components of the HICP are: Food and non-alcoholic beverages (17% of the total weight); Housing, water, electricity, gas and other fuels (15%); Transport (15%); Miscellaneous goods and services (10%); Restaurants and hotels (10%); and Recreation and culture (9%). Other categories include Furnishings, household equipment and routine household maintenance (7%); Health (5%); Clothing and footwear (5%). Alcoholic beverages, tobacco and narcotics, Communications and Education account for the remaining 8%. The HICP aggregates are computed as the weighted average of each country’s HICP components. The weight of a country is its share of household final monetary consumption expenditure in the total of the country’s group. The local HICPs are supplied to the Eurostat by the National Statistical Institutes.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
0.10 |
0.30 |
2.40 |
-1.30 |
1996 - 2025 |
percent |
Monthly |
|