Measuring EU Inflation

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The book delves into the history and development of the Harmonised Index of Consumer Prices (HICP), focusing on its creation in the 1990s under the guidance of John Astin, the EU statistician responsible for its initial framework. It highlights the significance of the HICP in measuring inflation across EU member states and beyond, impacting over 500 million people. Aimed at economists, statisticians, and various organizations, the text provides valuable insights into the construction and importance of consumer price indices globally.