2. How is inflation measured?

This chapter introduces the Harmonised Index of Consumer Prices – the inflation measure that the ECB uses for assessing price stability – and presents some of its main components and data.

2. How is inflation measured?

2.1 The Harmonised Index of Consumer Prices

What are the components of the HICP and how is it harmonised?

2.1 The Harmonised Index of Consumer Prices

2.2 How are prices collected?

How are prices collected for the HICP and does the basket change over time?

2.2 How are prices collected?