Search Tag: Harmonised Index of Consumer Prices
2023 05 Oct
The main task of the ECB is to maintain price stability . The ECB’s Governing Council considers that price stability is best maintained by aiming for 2% over the medium term. In the euro area, the Harmonised Index of Consumer Prices (HICP) is used to measure consumer price inflation. That means the change over time in the prices of consumer...Read more