Harmonised indices of consumer prices : August 2015.
Date: 2015-09-28
Institutions: Eurostat
Subjects: EU statistics, consumer price, economic statistics, euro area, price index

Economy and finance 

Author:  Svetoslava PAVLOVA 

D a t a   i n   f o c u s  
10/2015 

HARMONISED INDICES OF CONSUMER PRICES  
AUGUST 2015 

EURO AREA ANNUAL INFLATION WAS 0.1% IN AUGUST 2015, 
DOWN FROM 0.2% IN JULY 
EU ANNUAL INFLATION WAS 0.0% IN AUGUST 2015, 
DOWN FROM 0.2% IN JULY 

Sources: Eurostat (online data code: prc_hicp_manr), US Bureau of Labor Statistics, and Statistics Bureau of Japan 

Source: Eurostat (online data code : prc_hicp_manr)  

-1.00.01.02.03.04.008/1409/1410/1411/1412/1401/1502/1503/1504/1505/1506/1507/1508/15Figure 1: Annual inflation rates (in %), August 2014 -August 2015Euro areaEUUS CPIJP CPI-1.9-1.7-1.0-0.8-0.6-0.5-0.4-0.4-0.2-0.2-0.10.00.00.10.10.10.10.10.20.20.20.20.30.40.40.60.70.80.91.4-2.5-2.0-1.5-1.0-0.50.00.51.01.52.0Figure 2: Annual inflation rates (in %), August 2015 
 
 
 
 
 
 
 
 
 
Table 1: Index levels (2005=100) – HICP all-items 

Annual average 
index 

Sep 

Oct 

Nov 

Dec 

Jan 

Feb 

Mar 

Apr 

May 

Jun 

Jul 

Monthly Indices 

2014 

2014 

2014 

2014 

2014 

2015 

2015 

2015 

2015 

2015 

2015 

2015 

Aug 

2015 

120.22 

116.2 

144.22 

109.6 

119.87 

120.77 

115.58 

119.3 

119.66 

148.05 

140.08 

123.62 

121.00 

116.61 

120.32 

120.33 

120.14 

120.13 

117.58 

120.43 

120.76 

121.10 

121.49 

121.70 

120.09 

121.68 

116.6 

116.2 

116.2 

116.3 

114.8 

116.0 

116.6 

116.5 

116.6 

116.4 

116.7 

116.7 

144.52 

144.43 

143.12 

143.13 

142.55 

143.30 

144.24 

145.08 

145.60 

145.68 

145.20 

144.91 

109.9 

109.6 

109.3 

108.9 

108.1 

108.8 

109.5 

109.4 

110.0 

110.4 

110.1 

110.4 

120.59 

119.55 

118.70 

118.07 

116.68 

116.43 

118.64 

119.14 

118.89 

119.92 

118.51 

118.26 

121.27 

121.35 

121.07 

120.27 

117.66 

117.83 

120.20 

121.01 

121.54 

121.77 

119.90 

119.41 

115.55 

115.58 

115.39 

115.47 

114.17 

115.01 

115.87 

116.03 

116.32 

116.24 

115.68 

116.09 

119.9 

120.3 

120.0 

120.0 

117.0 

117.3 

119.8 

120.3 

120.5 

120.7 

118.3 

118.2 

120.98 

120.59 

118.67 

116.90 

115.82 

116.43 

117.23 

117.63 

118.95 

119.36 

118.63 

119.42 

148.39 

148.04 

147.70 

146.71 

146.79 

147.32 

148.49 

149.32 

150.53 

150.36 

148.76 

148.13 

140.32 

140.45 

140.36 

139.46 

137.69 

137.49 

138.62 

139.64 

140.45 

140.21 

139.51 

138.30 

124.25 

123.86 

123.40 

122.24 

120.84 

123.30 

123.83 

124.00 

124.68 

124.95 

123.37 

124.37 

122.74 

122.00 

119.29 

119.22 

117.87 

118.43 

119.53 

122.85 

123.96 

125.23 

125.27 

125.70 

116.99 

116.86 

116.00 

115.74 

114.31 

115.24 

116.72 

117.69 

117.98 

117.33 

118.11r  117.53 

120.54 

121.13 

121.14 

121.31 

121.36 

119.66 

119.99 

121.68 

121.84 

122.05 

122.00 

121.37r  121.18 

116.18 

124.14 

122.81 

121.84 

117.71 

142.81 

122.4 

117.4 

125.59 

144.88 

125.6 

154.71 

114.10 

128.0 

120.72 

177.51 

118.0 

120.73 

103.5 

116.64 

116.69 

116.27 

116.27 

114.54 

114.56 

116.77 

117.23 

117.86 

117.72 

116.94 

116.81 

124.39 

124.53 

124.38 

123.54 

122.06 

122.26 

123.33 

123.45 

124.28 

124.20 

123.29 

123.30 

122.81 

122.92 

122.71 

122.37 

122.22 

122.00 

122.22 

122.54 

122.93 

123.06 

122.72 

122.46 

122.50 

122.29 

122.11 

121.93 

121.03 

121.43 

121.89 

121.91 

121.78 

121.79 

121.43 

121.49 

118.08 

118.01 

117.80 

117.69 

115.86 

116.61 

117.93 

118.21 

118.48 

118.46 

117.71 

117.72 

142.11 

142.22 

141.50 

141.99 

141.02 

141.10 

141.56 

142.22 

142.29 

141.51 

141.77 

141.88 

122.5 

122.6 

122.2 

122.2 

122.1 

122.2 

122.5 

123.0 

123.4 

123.6 

123.3 

123.0 

117.6 

117.7 

117.4 

117.1 

116.4 

117.4 

118.0 

118.2 

118.2 

118.1 

118.0 

117.6 

126.36 

126.06 

125.25 

124.38 

123.72 

123.86 

124.91 

125.40 

126.11 

126.48 

126.28 

126.54 

144.78 

144.66 

144.10 

143.11 

142.89 

143.61 

144.54 

145.11 

146.15 

146.41 

146.37 

145.48 

125.3 

125.3 

125.1 

124.8 

124.4 

124.3 

124.6 

125.1 

125.2 

125.3 

125.2 

124.9 

154.45 

154.81 

154.50 

154.35 

154.78 

155.37 

156.07 

156.41 

157.42 

153.44 

152.65 

151.68 

114.39 

114.46 

114.37 

114.67 

113.41 

114.37 

114.50 

114.69 

115.20 

114.90 

115.05 

114.85 

128.4 

128.5 

128.2 

128.2 

127.1 

127.4 

127.6 

128.0 

128.2 

128.2 

128.0 

128.4 

121.03 

121.01 

120.76 

120.64 

119.11 

119.74 

120.79 

121.10 

121.37 

121.31 

120.72r  120.71 

176.99 

177.35 

175.35 

176.45 

174.45 

175.22 

177.22 

177.57 

178.20 

179.55 

181.10 

181.83 

118.8 

118.8 

119.0 

118.9 

118.6 

119.1 

119.4 

119.9 

120.2 

120.6 

120.3 

120.1 

121.04 

121.02 

120.78 

120.66 

119.15 

119.77 

120.82 

121.13 

121.40 

121.34 

120.76r  120.75 

103.8 

103.8 

103.5 

103.5 

102.9 

102.5 

103.0 

102.8 

102.8 

103.0 

102.8 

102.2 

Belgium 

Germany 

Estonia 

Ireland 

Greece 

Spain 

France 

Italy 

Cyprus 

Latvia 

Lithuania 

Luxembourg 

Malta 

Netherlands 

Austria 

Portugal 

Slovenia 

Slovakia 

Finland 

Euro area 

Bulgaria 

Czech Republic 

Denmark 

Croatia 

Hungary 

Poland 

Romania 

Sweden 

United Kingdom 

EU 

Iceland 

Norway 

EEA 

Switzerland 

Source: Eurostat (online data codes: prc_hicp_aind,  prc_hicp_midx) 

2 

10/2015 — Data in focus  

 
  
 
 
Table 2: Inflation rates (in %) – HICP all-items 

12-month  
average rates 

Annual rates 

Dec  Aug 
2015 
2014 

Aug 
2014 

Sep 
2014 

Oct 
2014 

Nov 
2014 

Dec 
2014 

Jan 
2015 

Feb  Mar 
2015 
2015 

Apr  May 
2015 
2015 

Jun 
2015 

Jul 
2015 

Aug 
2015 

Belgium 

Germany 

Estonia 

Ireland 

Greece 

Spain 

France 

Italy 

Cyprus 

Latvia 

Lithuania 

Luxembourg 

Malta 

Netherlands 

Austria 

Portugal 

Slovenia 

Slovakia 

Finland 

Euro area 

Bulgaria 

Czech Republic 

Denmark 

Croatia 

Hungary 

Poland 

Romania 

Sweden 

United Kingdom 

EU 

Iceland 

Norway 

EEA 

Switzerland 

0.5 

0.8 

0.5 

0.3 

-1.4 

-0.2 

0.6 

0.2 

0.2 

0.3 

0.1 

0.0 

-1.6 

-0.6 

0.1 

0.1 

-0.3 

-1.1 

0.7 

0.2 

0.7 

0.8 

0.3 

1.5 

-0.2 

0.4 

-0.1 

1.2 

0.4 

0.5 

-0.5 

0.0 

0.9 

0.2 

1.0 

0.3 

-0.4 

-0.2 

0.3 

0.1 

0.4 

0.8 

-0.2 

0.6 

-0.2 

-0.5 

0.5 

0.2 

0.8 

0.2 

0.5 

-1.1 

-0.3 

0.4 

-0.2 

-0.1 

0.8 

0.8 

0.3 

0.7 

0.8 

0.4 

1.5 

-0.1 

0.0 

-0.2 

1.2 

0.4 

0.0 

1.2 

0.0 

0.3 

0.6 

0.2 

1.4 

0.0 

-0.1 

-0.1 

1.5 

0.3 

0.3 

0.7 

0.5 

0.4 

-1.8 

-0.2 

0.5 

0.2 

0.3 

0.7 

0.3 

0.4 

0.7 

0.4 

1.4 

0.1 

0.1 

0.0 

1.2 

0.4 

0.1 

0.5 

0.0 

0.2 

-1.2 

-0.5 

0.4 

0.3 

0.0 

0.9 

0.4 

0.2 

0.6 

0.3 

1.5 

0.1 

0.1 

0.0 

1.1 

0.3 

-1.6 

-1.3 

-1.0 

-1.4 

-1.5 

-1.9 

0.4 

0.3 

0.2 

0.0 

0.1 

1.4 

0.2 

1.5 

0.6 

1.0 

1.9 

0.6 

0.0 

0.4 

0.2 

0.0 

-0.2 

-0.7 

0.5 

0.5 

0.4 

0.1 

0.1 

1.9 

0.1 

-0.4 

0.7 

0.3 

0.3 

0.3 

-0.1 

1.3 

0.2 

1.5 

0.5 

2.3 

1.9 

0.5 

0.1 

0.8 

0.3 

0.2 

-0.5 

-0.2 

1.8 

0.0 

1.2 

0.4 

0.4 

2.1 

0.4 

0.0 

0.7 

0.3 

0.5 

-0.3 

-0.3 

1.8 

0.3 

1.3 

0.5 

1.0 

1.9 

0.5 

0.1 

0.6 

0.2 

0.3 

0.1 

-0.3 

1.5 

0.3 

1.0 

0.3 

-0.6 

2.0 

0.4 

0.1 

Source: Eurostat (online data codes: prc_hicp_mv12r, prc_hicp_manr) 

-0.4 

0.1 

0.1 

-0.3 

-2.5 

-1.1 

0.1 

-0.1 

-1.0 

0.3 

-0.1 

-0.9 

0.4 

-0.6 

-0.5 

-0.5 

-0.4 

-2.8 

-1.5 

-0.4 

-0.5 

-0.7 

-0.3 

-1.4 

-1.1 

0.8 

-0.4 

-0.1 

0.0 

-0.2 

-0.4 

-1.9 

-1.2 

-0.3 

0.1 

0.2 

0.0 

-0.3 

-1.9 

-0.8 

0.0 

0.0 

-0.8 

-1.4 

0.0 

-1.5 

-0.3 

0.6 

0.5 

0.1 

0.5 

-0.1 

-0.7 

-0.5 

-0.3 

0.8 

-0.3 

-0.1 

-0.1 

0.6 

-0.2 

-2.0 

0.1 

0.1 

-0.1 

-0.8 

-0.6 

1.0 

0.3 

0.5 

-0.1 

-0.4 

2.0 

-0.1 

-0.1 

0.5 

-0.4 

-0.7 

-0.5 

-0.1 

-0.6 

-2.4 

-0.1 

-0.3 

-0.6 

-1.4 

-1.0 

0.5 

0.4 

0.3 

-0.5 

-0.1 

1.9 

-0.4 

-0.1 

0.5 

-0.1 

-0.5 

-0.6 

-0.1 

-0.3 

-1.7 

-0.1 

0.0 

-0.4 

-1.0 

-1.3 

0.4 

0.7 

0.0 

-0.3 

-0.8 

1.8 

-0.2 

-0.4 

0.9 

0.4 

-0.4 

-0.4 

0.0 

-0.1 

-1.1 

0.1 

0.3 

0.0 

-0.5 

-1.2 

0.8 

0.7 

0.0 

-0.1 

-0.1 

1.7 

-0.1 

-0.5 

0.4 

0.3 

0.4 

-0.4 

-1.8 

-0.7 

0.1 

-0.1 

-1.7 

0.6 

0.8 

0.7 

0.5 

0.2 

-1.4 

-0.3 

0.3 

0.2 

0.9 

0.1 

0.3 

0.4 

0.9 

0.1 

0.1 

0.2 

-1.1 

-1.3 

0.0 

0.3 

0.2 

-1.7 

-2.1 

1.2 

0.7 

-1.1 

-0.6 

-0.1 

-0.2 

0.0 

1.4 

0.0 

0.9 

0.5 

-0.7 

-0.1 

-0.1 

0.0 

0.4 

1.3 

0.7 

1.0 

1.0 

-0.8 

-0.1 

0.1 

0.3 

0.5 

1.1 

0.5 

1.0 

0.8 

-0.9 

-0.1 

0.1 

0.2 

0.8 

0.1 

0.2 

0.2 

-0.4 

-0.5 

0.1 

0.4 

-1.9 

0.2 

-1.0 

0.1 

1.4 

0.4 

0.9 

0.7 

-0.6 

-0.2 

-0.2 

0.1 

0.0 

0.2 

0.3 

-2.4 

-0.2 

-0.2 

0.2 

1.2 

0.8 

1.1 

0.7 

-0.7 

-0.2 

-0.1 

0.2 

-0.9 

-0.3 

-0.6 

-1.0 

-0.8 

0.5 

0.4 

-0.1 

0.0 

0.7 

0.4 

0.0 

0.6 

-0.9 

-0.6 

0.6 

0.5 

-0.1 

0.0 

-0.3 

1.8 

0.0 

1.3 

0.9 

0.1 

0.3 

0.3 

2.0 

0.3 

0.9 

0.4 

0.1 

0.7 

-0.6 

-0.9 

0.4 

0.0 

0.1 

0.0 

2.6 

0.2 

0.4 

0.5 

0.2 

0.3 

-0.2 

-0.1 

0.5 

-0.5 

-1.4 

0.8 

0.1 

0.1 

-0.4 

-1.7 

0.6 

0.0 

0.2r 

  0.0 

0.5 

1.5 

0.2r 

1.1 

1.8 

0.1 

-0.8 

-0.9 

-0.6 

-0.8 

-1.2 

  Data in focus — 10/2015 

3 

 
 
 
 
Table 3: Annual inflation rates (in %) for HICP main categories 

Aug 2015 

Main categories 

01 

1.5 

0.6 

0.7 

02 

3.6 

3.5 

5.7 

-2.2 

-0.1 

03 

0.3 

1.2 

1.7 

-4.9 

-5.1 

1.1 

-2.2 

-0.9 

-2.2 

-0.2 

-1.3 

0.7 

2.8 

-3.4 

0.6 

-2.8 

-1.6 

0.6 

2.8 

0.2 

1.2 

2.8 

1.9 

-1.1 

-0.2 

-4.0 

2.0 

2.0 

0.6 

04 

0.0 

-1.5 

-1.5 

5.5 

-8.0 

-1.9 

0.5 

-0.2 

-10.4 

2.1 

-3.9 

-1.0 

0.5 

0.5 

1.0 

0.0 

-1.8 

-0.9 

2.2 

-0.8 

3.6 

0.9 

-1.3 

-2.5 

-1.0 

0.6 

3.5 

-1.6 

0.4 

2.4 

1.2 

0.6 

2.9 

2.1 

2.9 

1.0 

3.5 

5.3 

2.5 

2.8 

4.3 

1.0 

0.7 

1.0 

2.4 

0.9 

5.0 

0.5 

1.9 

4.3 

1.3 

2.3 

4.1 

2.1 

Belgium 
Germany 

Estonia 

Ireland 

Greece 

Spain 

France 

Italy 

Cyprus 

Latvia 

Lithuania 

Luxembourg 

Malta 

Netherlands 

Austria 

Portugal 

Slovenia 

Slovakia 

Finland 

Euro area 

Bulgaria 

Czech Republic 

Denmark 

Croatia 

Hungary 

Poland 

Romania 

Sweden 

United Kingdom 

EU 

Iceland 

Norway 

EEA 

00 

0.8 

0.1 

0.2 

0.2 

-0.4 

-0.5 

0.1 

0.4 

-1.9 

0.2 

-1.0 

0.1 

1.4 

0.4 

0.9 

0.7 

-0.6 

-0.2 

-0.2 

0.1 

-0.8 

0.2 

0.3 

-0.1 

0.1 

-0.4 

-1.7 

0.6 

0.0 

   0.0 

1.1 

1.8 

0.1 

3.9 

1.9 

0.8 

1.0 

-2.0 

-1.2 

-1.7 

1.1 

2.4 

1.6 

0.8 

1.7 

1.6 

0.0 

-2.4 

1.0 

0.5 

-1.1 

0.8 

0.8 

0.5 

-0.8 

-7.0 

2.7 

-2.4 

0.2 

4.1 

3.2 

0.2 

   2.3 

   0.2 

  -0.5 

-0.1 

2.7 

   2.3 

0.7 

-2.6 

4.0 

0.3 

2.9 

4.2 

-4.2 

-0.5 

-1.5 

Switzerland 

-1.2 

-0.9 

05 

1.0 

0.7 

1.6 

-2.6 

-0.1 

-0.1 

0.1 

0.4 

-1.0 

1.3 

1.5 

1.2 

1.7 

0.3 

2.1 

1.1 

-0.4 

2.2 

-0.5 

0.5 

0.5 

0.2 

0.7 

-0.1 

0.7 

-0.3 

1.3 

0.2 

0.4 

0.4 

-3.4 

6.3 

0.5 

-2.6 

06 

1.6 

1.5 

3.2 

0.2 

0.4 

0.0 

-1.0 

1.0 

-0.4 

1.4 

2.9 

-0.5 

1.9 

-1.7 

1.6 

0.5 

1.7 

0.9 

2.7 

0.6 

-1.4 

-7.5 

0.6 

6.8 

3.9 

2.8 

-0.1 

0.7 

1.8 

07 

-3.2 

-1.3 

-6.1 

-3.5 

0.2 

-6.2 

-1.9 

-3.0 

-2.5 

-3.5 

-6.9 

-4.4 

-2.0 

-1.6 

-3.2 

-2.0 

-4.9 

-6.4 

-2.6 

-2.6 

-7.8 

-3.7 

-0.9 

-6.7 

-5.9 

-6.4 

-4.4 

-1.0 

-2.6 

   0.8 

  -2.9 

1.8 

1.2 

-3.3 

0.7 

   0.8 

  -2.8 

-0.4 

-4.6 

08 

0.5 

-1.2 

1.4 

2.5 

0.0 

-0.6 

1.1 

-0.4 

0.5 

0.4 

-0.4 

-1.6 

-0.5 

-2.6 

-0.3 

5.0 

1.4 

0.0 

-4.2 

-0.4 

-1.0 

-0.9 

-4.7 

1.0 

0.4 

1.2 

0.0 

-5.1 

1.1 

-0.2 

2.7 

0.3 

-0.2 

-0.5 

09 

0.8 

0.8 

1.9 

0.0 

-2.2 

-0.4 

0.3 

1.1 

-1.8 

0.6 

1.6 

1.4 

2.7 

0.9 

2.2 

-1.3 

0.3 

0.9 

-1.7 

0.6 

0.2 

1.6 

1.2 

1.5 

0.8 

1.1 

1.5 

0.9 

10 

1.3 

-1.7 

-18.8 

5.1 

-3.1 

1.2 

2.3 

2.0 

11 

3.5 

2.7 

1.5 

1.8 

2.7 

1.0 

1.5 

1.6 

12 

2.2 

0.7 

2.5 

0.9 

-2.5 

1.0 

1.2 

0.1 

-1.5 

-1.1 

-0.4 

1.5 

2.0 

0.8 

6.5 

2.4 

2.7 

0.6 

1.3 

1.8 

-0.3 

0.6 

2.9 

1.1 

2.9 

-0.9 

1.4 

1.1 

2.0 

5.2 

2.2 

5.3 

4.3 

1.4 

2.5 

3.1 

2.7 

-0.3 

1.8 

1.1 

1.9 

1.7 

1.1 

0.9 

3.4 

3.4 

2.4 

1.1 

2.6 

1.8 

1.9 

5.6 

2.3 

1.9 

-0.2 

2.0 

3.4 

1.2 

2.5 

1.8 

2.2 

1.1 

1.1 

1.0 

0.7 

0.9 

0.5 

1.0 

3.3 

0.6 

1.8 

0.9 

3.1 

1.5 

0.8 

0.9 

1.4 

1.8 

   1.0 

0.0 

-0.9 

10.0 

   0.4 

2.1 

3.6 

   0.4 

-1.7 

3.0 

4.3 

1.8 

3.0 

1.1 

COICOP/HICP code of main categories 

  00  HICP (all-items index) 
  01  Food and non-alcoholic beverages 
  02  Alcoholic beverages and tobacco 
  03  Clothing and footwear 
  04  Housing, water, electricity, gas and other fuels 
  05  Furnishings, household equipment and routine 

maintenance of  the house 

Source: Eurostat (online data code: prc_hicp_manr) 

06  Health 
07  Transports 
08  Communications 
09  Recreation and culture 
10  Education 
11  Restaurants and hotels 
12  Miscellaneous goods and services 

4 

10/2015 — Data in focus  

 
 
 
 
 
 
Table 4: Index levels (2005=100) - some special aggregates 

     HICP all-items excluding … 

… energy 

… energy, food, 
alcohol and 
tobacco 

… energy, 
unprocessed 
food 

... energy, 
seasonal food 

... tobacco 

Energy 

Food, alcohol  
and tobacco 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

Jul 
2015 

Aug 
2015 

118.96  120.92  115.66  118.30  118.48  120.75  118.70  120.84  119.49  121.11 

126.32  124.60 

130.49  130.02 

114.6 

114.9 

112.4 

112.8 

114.1 

114.4 

114.4 

114.7 

116.2 

116.2 

133.5 

130.7 

124.7 

124.6 

140.86  140.81  130.34  130.88  139.48  139.68  139.42  139.56  143.20  142.91 

177.95  175.63 

163.53  162.09 

106.9 

107.5 

106.0 

106.9 

107.8 

108.5 

107.4 

108.0 

108.3 

108.7 

142.2 

139.3 

109.8 

109.8 

114.00  113.93  110.31  109.19  113.98  113.43  114.09  113.72  116.70  116.44 

183.23  179.85 

125.63  128.48 

116.59  116.77  113.16  113.16  115.93  115.95  116.12  116.15  118.61  118.12 

149.33  142.98 

126.94  127.73 

114.03  114.69  112.77  113.66  113.44  114.20  113.85  114.59  115.08  115.50 

132.89  130.46 

118.57  118.47 

117.1 

117.1 

115.3 

115.2 

116.9 

116.8 

117.0 

117.0 

117.8 

117.6 

132.5 

130.7 

123.4 

123.6 

115.08  116.17  110.94  111.66  113.47  114.10  114.03  114.63  117.83  118.65 

147.46  143.59 

130.83  133.19 

141.73  141.61  124.69  124.80  140.20  140.56  140.34  140.79  143.78  143.16 

201.78  197.14 

176.57  175.88 

Belgium 

Germany 

Estonia 

Ireland 

Greece 

Spain 

France 

Italy 

Cyprus 

Latvia 

Lithuania 

135.08  134.64  120.07  120.00  132.46  132.47  133.97  133.95  136.59  135.31 

168.43  160.94 

161.49  160.14 

Luxembourg 

123.66  125.52  119.29  121.65  123.68  125.63  123.74  125.64  120.52  121.58 

124.63  119.64 

136.81  136.89 

Malta 

124.27  124.75  118.66  119.13  121.70  122.14  122.46  122.88  124.76  125.18 

147.13  146.59 

144.33  144.87 

Netherlands 

117.42r  117.07  115.74r  115.21  117.28r  116.82  117.17r  116.71  117.04r  116.45 

124.03  121.20 

124.74  125.17 

Austria 

Portugal 

Slovenia 

Slovakia 

Finland 

120.98r  121.09  119.11r  119.31  120.60r  120.72  120.85r  120.97  121.09r  120.89 

127.01  123.54 

130.55  130.16 

113.15  113.26  111.07  111.23  113.34  113.43  112.93  113.02  115.57  115.43 

144.14  140.76 

119.71  119.70 

119.47  119.73  111.24  111.67  117.58  118.01  118.11  118.49  121.32  121.34 

149.72  147.83 

145.83  145.46 

120.86  120.70  117.10  117.12  120.35  120.42  119.57  119.64  121.49  121.22 

130.34  129.42 

131.01  130.36 

119.87  120.07  116.65  116.94  119.46  119.67  119.75  119.94  120.74  120.80 

140.98  139.01 

130.65  130.58 

Euro area 

115.77  116.09  113.62  113.98  115.35  115.67  115.56r  115.87  116.96  116.97 

136.13  133.13 

123.89  124.04 

Bulgaria 

142.44  142.75  130.86  130.95  143.96  144.16  143.33  143.53  137.24  137.35 

137.39  136.16 

169.22  170.10 

Czech Republic 

119.9 

119.6 

110.7 

110.8 

119.3 

119.1 

119.2 

119.0 

120.1 

119.8 

146.3 

145.7 

141.8 

140.6 

Denmark 

Croatia 

Hungary 

Poland 

Romania 

Sweden 

117.0 

116.8 

113.7 

113.7 

116.8 

116.7 

116.5 

116.4 

117.3 

117.0 

126.1 

123.6 

129.3 

128.8 

124.02  124.75  118.05  118.74  124.68  125.27  123.47  124.02  124.18  124.45 

141.75  138.84 

133.65  134.45 

145.43  145.19  132.49  132.64  142.10  142.15  142.69  142.74  143.20  142.27 

156.37  151.80 

175.51  174.36 

121.7 

121.5 

114.3 

114.2 

121.1 

121.0 

121.5 

121.4 

122.4 

122.0 

148.6 

147.3 

137.5 

136.9 

147.37  146.83  143.22  143.20  153.50  153.54  148.50  148.54  144.07  143.11 

181.26  176.88 

149.08  147.76 

114.33  114.18  110.70  110.47  113.52  113.30  113.77  113.55  113.97  113.76 

118.98  118.31 

128.03  128.18 

United Kingdom 

123.7 

124.1 

120.0 

120.5 

122.8 

123.4 

123.2 

123.7 

125.6 

125.9 

171.7 

169.2 

143.8 

144.3 

EU 

Iceland 

Norway 

EEA 

118.28r  118.54  115.15r  115.48  117.77r  118.07  117.97r  118.26  119.41r  119.39 

142.15r  139.37 

129.87r  129.91 

178.67  179.85  177.32  178.38  178.75  179.92  177.92  179.10  180.65  181.38 

205.51  200.56 

183.76  185.48 

119.3 

119.1 

117.0 

116.8 

119.7 

119.5 

119.1 

118.9 

119.6 

119.4 

119.8 

119.8 

129.0 

128.2 

118.33r  118.59  115.21r  115.53  117.83r  118.13  118.03r  118.31  119.45r  119.44 

142.08r  139.32 

129.91r  129.93 

Switzerland 

102.1 

101.6 

101.9 

101.3 

102.1 

101.6 

102.1 

101.6 

102.4 

101.8 

110.3 

108.3 

103.0 

103.4 

Source: Eurostat (online data code: prc_hicp_midx) 

  Data in focus — 10/2015 

5 

 
 
 
 
 
 
 
Flags 
p 

provisional 

r  

revised 

Methodology 

HICPs designed for international comparison 

The Harmonised Indices of Consumer Prices (HICPs) are harmonised inflation figures required under the Treaty on 
the Functioning of the European Union. They are designed for international comparison of consumer price inflation.  

The euro area annual inflation rate is used by, among others, the European Central Bank (ECB) as a main indicator 
for monetary policy management for the euro area. 

The Member States’ HICPs are supplied by the National Statistical Institutes; the euro area, EU and EEA aggregates 
are compiled by Eurostat. HICPs are computed as annual chain indices allowing weights to be changed each year. 
HICP aggregates are calculated as weighted averages of the HICPs using the weights of the countries and sub-
indices concerned. The weight of a country is its share of the household final monetary consumption expenditure in 
the total of the country group. The euro area is treated as a single entity within the EU and EEA starting from 1999. 

Euro area, EU and EEA aggregates 

The euro area, EU and EEA data refer to the respective country compositions at a specific point in time. New Member 
States are integrated into the aggregates using a chain index formula.  
The  euro  area  was  originally  comprised  of  Belgium,  Germany,  Ireland,  Spain,  France,  Italy,  Luxembourg,  the 
Netherlands,  Austria,  Portugal  and  Finland.  Greece  was  included  from  January  2001,  Slovenia  from  January  2007, 
Cyprus and Malta from January 2008, Slovakia from January 2009, Estonia from January 2011,  Latvia from January 
2014, and Lithuania from January 2015. New Member States are integrated into the aggregates using a chain index 
formula.  

The EU had 15 Member States until April 2004, 25 Member States until December 2006, 27 Member States until June 
2013  and  28  Member  states  from  July  2013.  New  Member  States  are  integrated  into  the  aggregates  using  a  chain 
index formula. 

EEA inflation is computed by using HICP data for Iceland and Norway in addition to the EU Member States. 

Measures of inflation 

An  annual  rate  measures  the  change  of  the  index  level  between  the  current  month  and  the  same  month  of  the 
previous year. This measure is responsive to recent changes in price levels but can be influenced by one-off effects in 
either month. 

A 12-month average rate overcomes this volatility by comparing average HICPs in the latest 12 months to the average 
of the previous 12 months. This measure is less sensitive to transient changes in prices. 

Additional information 

About 100 MUICP, EICP, EEAICP and HICP sub-indices and over 30 special aggregates with corresponding weights 
and inflation rates are available in Eurostat’s database: 

http://ec.europa.eu/eurostat/web/hicp/data/database 

More information on methods and data can be found on the HICP section of the Eurostat website: 

http://ec.europa.eu/eurostat/web/hicp 

6 

10/2015 — Data in focus  

 
 
 
 
 
 
 
 
 
 
Further information 

European Statistical Data Support: 

Contact details for this support network can be found on the Eurostat website at: 
http://ec.europa.eu/eurostat/. 

Manuscript completed on: 25.09.2015 
Data extracted on: 17.09.2015 
ISSN 1977-0340 
Catalogue number: KS-QA-15-010-EN-N 
© European Union, 2015