EU HICP – All Items

The EU Harmonized Index of Consumer Prices (HICP) – All Items measures the average change in prices of goods and services purchased by households within the European Union. It is harmonized to ensure comparability across EU member states, enabling accurate inflation assessments. HICP includes categories like food, housing, transportation, and healthcare. It serves as the primary measure of inflation for the European Central Bank (ECB), guiding monetary policy decisions, including interest rates, to maintain price stability and support economic growth.