Indicator full name: Annual average rate of inflation (%)
- Country/Area (COUNTRY/AREA)
- Supranational group of countries (COUNTRY_GRP)
- Sex (SEX)
- Year of measure (YEAR)
Years data is available: 1970—2022
Last updated: 04 October 2023
- Russian Federation
- WHO European Region
- Members of the European Union
- Members of the EU before May 2004 (EU15)
- Members of the EU after May 2004 (EU13)
- Members of the EU before Feb 2020
- Commonwealth of Independent States
- Central Asian Republics Information Network members (CARINFONET)
- South-eastern Europe Health Network members (SEEHN)
- Nordic countries
- Small countries
- Western Balkans
The following abbreviations are used in the indicator titles:
Indicator code: E990003.T
The World Bank definition is applied. The inflation rate is measured by the growth rate of the GDP implicit deflator in the given year as compared to the previous year. (WHO/EURO uses ECE, WB or UNDP as common data sources.)_
inflation is calculated from the nominal and real GDP available in the ?NBB.Stat? database of the
National Bank of Belgium: http://stat.nbb.be/.
Statistical Institute of Republic of Srpska; http:// www.rzs.rs.ba
Together National statistics institute
Estimation method: The methodology for calculating the Harmonised Index of Consumer Prices (HICP)
has been laid down in various regulations of the European commission and in supplementary
guidelines. Like the Consumer Price Index (CPI) for Germany, this index bases on the international
?Classification of Individual Consumption by Purpose? (COICOP). The prices collected for the German
CPI are also used to calculate the German HICP and like the CPI, the HICP measures only pure price
changes. It?s a Laspeyres price index which, in formal terms, is calculated as a chain index. In
Germany, the index weights are generally updated at five-year intervals, with the HICP weighting
elements being price-updated annually in line with the December prices of the previous year. The
current weights are based on the consumption structure of the year 2005.
Source: National Accounts, Statistical Abstract of Israel, Central Bureau of Statistics.
Data for the period 2000-2015 have been estimated on the basis of the updated version of GDP,
under SEC2010, and are consistent with the revised time series of national accounts. Price index
Consumer price index (December of the current year compared to December of the previous year).
Before 2010: Ministere de l'Economie. Publication by Statec.
link: INS http://www.insse.ro/cms/ro/content/ipc-serii-de-date
Price Index by COICOP is calculated as the measure in inflation in the Republic of Serbia.
www.scb.se (Online Statistical Databaseÿ; table: PR0101_2015M12_DI_06-07_EN, table: PR0101D3)