1. Background to the HICP -- 2. First Meeting of the HICP Working Party -- 3. Guiding Principles: Framework Regulation -- 4.Interim Indices of Consumer Prices (IICP) -- 5.Launch of the HICP -- 6.Classification of Household Consumption Expenditure -- 7.Coverage of the HICP: What, Where, Who? --...

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...

Using unit labor cost (ULC) data from Euro area countries as well as US States and German La͏̈nder we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC...