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Harmonisation of Consumer Price Indices in the EU

Summary

This regulation updates how inflation is measured across the EU, introducing new indices for housing prices and tax-adjusted inflation to ensure better comparability.
10 24.05.2016
Other
economy
finance
statistics
european union

Key points

  • The regulation modernizes the framework for measuring inflation across the EU to ensure all countries use comparable methods.
  • It introduces a specific index to measure inflation while excluding the impact of changes in tax rates.
  • The framework includes new ways to track house price indices and the costs of owning a home.
  • Member States in the euro area are required to provide early 'flash estimates' of inflation to assist monetary policy.
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council on harmonised indices of consumer prices and repealing Regulation (EC) No 2494/95 Harmonised indices of consumer prices ***I
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