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TEMPO - HOME >>> PRICES Press releases >>> IAPC101 - Select criteria
IAPC101 - Harmonised indices of consumer prices by groups of goods and services according to the ECOICOP classification - monthly evolution - 2015=100: Please select the criteria for your query
European Classification of Individual Consumption according to Purpose (ECOICOP) Months MU: Percentage

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IAPC101 - Harmonised indices of consumer prices by groups of goods and services according to the ECOICOP classification - monthly evolution - 2015=100 
Definition The Harmonised Index of Consumer Prices (HICP) is a set of EU consumer price indices calculated according to a harmonised approach and a single set of definitions.
The HICP has mainly been conceived to assess price stability in the euro area and price convergence in the EU, but also for comparisons of inflation at European level. 
Periodicity Monthly 
Data sources Statistical survey on consumer prices (HICP) details 
Methodology The harmonised index of consumer prices (HICP) measures the changes in the evolution of the prices and tariffs of goods and services that occurred on Romanian territory.
The 'domestic' principle is used to build the HICP, taking into account the consumption of all the households on national territory, regardless of nationality, residential or social status, except foreign embassies on Romanian territory.
The harmonised index of consumer prices is annually chain-linked Laspeyres - type index.
The harmonised index of consumer prices is determined by succesive aggregations, based on prices/tariffs registered for goods which are included in Household final monetary consumption expenditure.
Harmonised indices of consumer prices calculated for each assortment (based on geometrical mean of indices at variety level) are aggregated at the level of ECOICOP groups of goods and services and at the level of general index, by applying weights compiled according to the requirements of Commission Implementing Regulation (EU) 2020/1148.
The index is calculated and published against the average of the year 2015 (2015=100).
This reference period of the index is used for the complete time series of all HICP indices and sub-indices, according to Regulation (EU) 2016/792.

Metadata and quality report
 
Last update DEC 10, 2024 
Observations Harmonised indices of consumer prices with harmonised coverage and methodology have been published since January 2017. 
Responsible person Marianciuc Gh Doina Oana, interior 1431, oana.marianciuc@insse.ro 
Project funded by EU
Project funded
by the EU		 © 1998-2017 National Institute of Statistics - ROMANIA
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