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What is Consumer Price Index CPI in euro area?

Consumer Price Index CPI in Euro Area is expected to be 105.19 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in Euro Area to stand at 106.32 in 12 months time. In the long-term, the Euro Area Consumer Price Index (CPI)...

What does CPI stand for?

Euro Area Consumer Price Index (CPI) Consumer Price Index CPI In the Euro Area increased to 107.98 points in August from 107.60 points in July of 2021. source: EUROSTAT 1Y 5Y

What is the Harmonised Index of Consumer Prices (HICP)?

In the euro area, the Harmonised Index of Consumer Prices (HICP) is used to measure consumer price inflation. That means the change over time in the prices of consumer goods and services purchased by euro area households. It is “harmonised” because all the countries in the European Union follow the same methodology.

What are OECD CPIs?

The CPI series published by the OECD are National Consumer Price Indices computed by National Statistical Office (NSO) of OECD member countries following their own methodology. The OECD zones (OECD Total, OECD-Europe and Major seven) are computed by the OECD using National CPIs. 10.

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