Harmonised Index of Consumer Prices (HICP) methodological manual — 2018 edition - Products Manuals and Guidelines

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The Harmonised Index of Consumer Prices (HICP) Methodological Manual represents a comprehensive overview of methods that are used in the compilation process for the HICP. The HICP provides the official measure of consumer price inflation in the euro area and the EU. The manual intends to be a practical guide to all steps necessary to produce an HICP and is thus useful for statisticians who are new to the field of price statistics and statistical offices aiming to set up a similar inflation measure. Users of the HICP, such as businesses, policy-makers and researchers may also find this manual useful to help them understand and interpret HICP data. Subjects covered include the HICP concepts, sampling and price collection procedures, methods for quality adjustment, index calculation and many other.