Harmonised Index of Consumer Prices

The Harmonised Index of Consumer Prices (HICP) is calculated in each Member State of the European Union as required under Article 121 of the Treaty of Amsterdam (109).  The aim of the HICP is to produce a measure of inflation using the same framework across Europe, taking into account differences in national definitions. The HICP is intended to provide institutions, governments and economic and social partners with a set of harmonised and reliable statistics on which to base their decisions.
 
Although the basket of goods and services varies from country to country, all Member States are expected to abide by the same set of regulations, which can be considered to be the backbone of the HICP.
 

Metadata

 

Other Documents:​ ​

The RPI and the HICP Manual

 

​sources and methods

Price Statistics

 

 Contact Information:

 
Ms Denise Magrin
Head of Unit
2599 7312
prices.nso@gov.mt