Wynne, Mark A.; Rodriguez-Palenzuela, Diego - In: Journal of Economic Surveys 18 (2004) 1, pp. 79-112
The Harmonized Index of Consumer Prices "HICP" is the primary measure of inflation in the euro area, and plays a … stability as 'a year-on-year increase in the Harmonised Index of Consumer Prices "HICP" for the euro area of below 2% to be … cause it to systematically overstate the true rate of inflation in the euro area. This paper reviews what currently is known …