The HICP is a consumer price index which was designed to provide measures of inflation in EU member states calculated using similar methods and thus comparable one with another. The HICP now tracks the inflation rates covering over 500 million Europeans, including the UK, and is also produced by...

Chapter 1: Introduction -- Chapter 2: A Framework without Assumptions -- Chapter 3: Capital Input Cost -- Chapter 4: Annual and Quarterly Measures -- Chapter 5: Dynamics: The Bottom-Up Approach -- Chapter 6: The Top-Down Approach 1 - Aggregate Output and Simple Labour Productivity Indices --...