Harmonized Index Of Consumer Prices - HICP

Filed Under » , , ,
Dictionary Says

Definition of 'Harmonized Index Of Consumer Prices - HICP'

A list of the final costs paid by European consumers for the items in a basket of common goods. The Harmonized Index of Consumer Prices (HICP) is produced by each European Union member state to help measure inflation and to guide the European Central Bank in formulating monetary policy. The HICP is also used as the basis of the European Index of Consumer Prices, which is weighted toward household expenditures.
Investopedia Says

Investopedia explains 'Harmonized Index Of Consumer Prices - HICP'

The prices measured by the HICP come from the prices of representative goods from urban and rural pricing patterns. The index tracks the prices of goods such as coffee, tobacco, meat, fruit, household appliances, cars, pharmaceuticals, electricity, clothing and many other widely used products. Owner-occupied housing costs are excluded from the HICP.

Articles Of Interest

  1.

    The Consumer Price Index: A Friend To Investors

    As a measure of inflation, this index can help you make key financial decisions.

  2. What You Should Know About Inflation

    Find out how this figure relates to your investment portfolio.

  3. What is the relationship between the PPI and the CPI?

    First, let's take a look at what these two acronyms mean: the PPI is the producer price index and the CPI is the consumer price index. Both indexes calculate the change in price of a set of goods ...

  4. All About Inflation

    What causes inflation? How does it affect your investments and standard of living? This tutorial has the answers.

  5. 5 Worst-Selling Cars Of All Time

    If AMC's popular series "Breaking Bad" had come along a few years earlier, maybe Pontiac's Aztek wouldn't have gone down as one of the worst-selling vehicles of all time.

  6. How To Break Your Bad Financial Habits

    If the current level of economic growth is to be maintained and improved upon, citizens must play their part by practicing responsible spending and borrowing.

  7. Femsa Is A Delicate Balance Between Growth Opportunities And Valuation

    Femsa's stock got a little too popular, but the long-term prospects are very good.

  8. Coty Readies IPO

    Fragrance maker Coty filed a registration statement amendment May 28 that sees it raising as much as $1.2 billion from its IPO. Coty tried to buy Avon for $10.7 billion in 2012 but was unsuccessful. ...

  9. 5 Best-Selling Cars Ever

    Here's a list of the best-selling cars of all time.

  10. The Economics Of Stay-At-Home Moms

    If an at-home mom was getting paid for all of the work she does, how much would she get?
comments powered by Disqus
Marketplace
Hot Definitions

  1. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  2. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  3. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  4. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  5. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...

  6. Bailment

    The contractual transfer of possession of assets or property for a specific objective.
Trading Center