Differences Between Harmonized Indices of Consumer Prices and Consumer Price Indices in Selected Countries

Article Sidebar

PDF
Published Sep 29, 2017

Main Article Content

Zuzana Milecová
Technical University of Košice, Faculty of Economics, Slovakia

Abstract

The aim of the paper is to analyse the differences between the harmonized indices of consumer prices and the national consumer price indices on the theoretical as well as on the practical levels. We are dealing with defining the differences between the indices not only in the euro area and in V4-countries, but also in Serbia. The main differences are geographic and population coverage and owner-occupied housing. For statistical testing we have used a paired two sample t-test, which allows us to test the null hypothesis that the difference between the indices has a mean value of zero. Out of all 21 realised tests we reject null-hypothesis in 14 cases.

Article Details

Issue
Vol 43 No 1-2 (2010): Economic Analysis
Section
Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Once the manuscript is accepted for publication, authors shall transfer the copyright to the publisher. If the submitted manuscript is not accepted for printing by the journal, the authors shall retain all their rights. The following rights on the manuscript are transferred to the publisher, including any supplementary materials and any parts, extracts or elements of the manuscript:

  • the right to reproduce and distribute the manuscript in printed form, including print-on-demand;
  • the right to print prepublications, reprints and special editions of the manuscript;
  • the right to translate the manuscript into other languages;
  • the right to reproduce the manuscript using photomechanical or similar means including, but not limited to photocopy, and the right to distribute these copies;
  • the right to reproduce and distribute the manuscript electronically or optically using and all data carriers or storage media, and especially in machine readable/digitalized form on data carriers such as hard drive, CD-ROM, DVD, Blu-ray Disc (BD), Mini Disc, data tapes, and the right to reproduce and distribute the article via these data carriers;
  • the right to store the manuscript in databases, including online databases, as well as the right to transmit the manuscript in all technical systems and modes;
  • the right to make the manuscript available to the public or to closed user groups on individual demand, for use on monitors or other readers (including e-books), and in printable form for the user, either via the Internet, online service, or via internal or external networks.

Authors reserve the copyright to published articles and have the right to use the article in the same manner like third parties in accordance with the licence Attribution-Non-Commercial-Non-Derivate 4.0 International (CC BY). Thereby they must quote the basic bibliographic data of the source article published in the journal (authors, article title, journal title, volume, pagination).

References

[1] AHNERT, H., BRANCHI, M. The HICP as an anchor for European consumer price statistics [online]. 2005 [cit. 2009-12-21] available on the Internet: .
[2] ASTIN, J. The European Union Harmonized indices of consumer prices (HICP) [online]. 1999 [cit. 2010-01-16] available on the Internet: .
[3] Central statistical office of Poland Consumer Price Index [online] 2009 [cit. 2010-01-15] available on the Internet: .
[4] Czech Statistical office Consumer Price Indices - User’s methodological manual [online]. 2010 [cit. 2010-01-06] available on the Internet: .
[5] JANKOVIC, M. Price collection in unstable market conditions [online]. 2006 [cit. 2010-01-17] available on the Internet: .
[6] DRUANT, M. Belgian HICP: A Major Step Forward in the accurate measurement of inflation [online]. 2002 [cit. 2010-01-16] available on the Internet: . ISSN 1725-1338.
[7] ECB Understanding price developments and consumer price indices in South-Eastern Europe [online]. 2007 [cit. 2010-01-16] available on the Internet: . ISSN 1725-6534.
[8] Eurostat HICP-CPI Differences [online]. [cit. 2009-12-21] available on the Internet: .
[9] Eurostat Harmonized indices of consumer prices (HICPs): A short Guide for Users [online]. 2004 [cit. 2009-12-21] available on the Internet: .
[10] Eurostat Information Note on the Harmonized Indices of Consumer Prices, Compliance Monitoring [online]. 2008, 2009 [cit. 2010-01-12] available on the Internet: [11] Hungarian central statistical office Consumer Price Index Booklets October – December 2006 [online]. 2002 [cit. 2010-01-14] available on the Internet: . ISSN 0864-8409.
[12] KOVALČÍK, J. Inflácia je po oprave výrazne nižšia [online]. 2009 [cit. 2009-10-01] available on the Internet: .
[13] KUDLÁK, K. K výpočtu indexů spotrěbitelských cen v ČSÚ [online]. 2002 [cit. 2010-01-09] available on the Internet: .
[14] Raiffeisen banka a.d. Serbia Economic report No. 18 [online]. 2009 [cit. 2010-01-17] available on the Internet: .
[15] Statistical office of the Republic of Serbia Communication Nr. 345 Price statistics [online]. 2009 [cit. 2010-01-17] available on the Internet: . ISSN 0353-9555.
[16] Statistical office of the Slovak Republic Metodika Spotrebiteľské ceny (inflácia) [online]. 2010 [cit. 2010-01-14] available on the Internet: .
[17] VON DER LIPPE, P.: Inflation in Europe – Different Measures and their users [online]. 2001 [cit. 2010-01-09] available on the Internet: .