European Union law The minimum standards for HICP weighting are fixed. In particular, each year Member States shall review and update HICP sub-index ... [more]The minimum standards for HICP weighting are fixed. In particular, each year Member States shall review and update HICP sub-index weights taking into account preliminary National Accounts data on consumption patterns of year t-2, as well as any available and relevant information from Household Budget Surveys and other data sources which are sufficiently reliable for the purposes of the HICP. [back]Reference: COMMISSION REGULATION (EU) No 1114/2010 of 1 December 2010 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the quality of HICP weightings and repealing Commission Regulation (EC) No 2454/97 The minimum standards for the treatment of seasonal products are established. Definitions of ¿seasonal product¿, estimations of se... [more]The minimum standards for the treatment of seasonal products are established. Definitions of ¿seasonal product¿, estimations of seasonal product price when is out-of-season, ¿strict annual weights index¿ and ¿class-confined seasonal weights index¿ are provided. The minimum standards shall apply to seasonal products within the following COICOP/HICP classes and groups: 01.1.3 Fish, 01.1.6 Fruit, 01.1.7 Vegetables, 03.1 Clothing and 03.2 Footwear. [back]Reference: Commission Regulation (EC) No 330/2009 of 22 April 2009 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of seasonal products in the Harmonised Indices of Consumer Prices (HICP) Numerous clarifications and amendments to Regulations (EC) No 1749/96 and No 2494/95 are introduced. In particular, the aims and t... [more]Numerous clarifications and amendments to Regulations (EC) No 1749/96 and No 2494/95 are introduced. In particular, the aims and the definitions of HICPS are further specified and minimum common rules on sampling, products replacements and quality adjustments are further fixed. In this context, the ¿consumption segment by purpose¿ notion is introduced (it means a set of transactions relating to product-offers which, on the grounds of common properties, are deemed to serve a common purpose, in the sense that they are marketed for predominant use in similar situations, can largely be described by a common specification and may be considered by consumers as equivalent). The ¿consumption segment¿ is the aggregate on the inside product sampling, quality changes and adjustments shall be made. [back]Reference: COMMISSION REGULATION (EC) No 1334/2007 of 14 November 2007 amending Regulation (EC) No 1749/96 on initial implementing measures for Council Regulation (EC) No 2494/95 concerning harmonised indices of consumer prices The common rules for determining certain index reference periods are established. This Commission Regulation provides definitions ... [more]The common rules for determining certain index reference periods are established. This Commission Regulation provides definitions of “weight reference period”, “price reference period” (computation base) and “index reference period. Furthermore, it establishes that the HICP common index reference period shall be set at 2005 = 100. [back]Reference: Commission Regulation (EC) No 1708/2005 of 19 October 2005 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards the common index reference period for the harmonised index of consumer prices, and amending Regulation (EC) No 2214/96 The minimum standards for the treatment of service charges proportional to transaction values are fixed ¿ for example some of the ... [more]The minimum standards for the treatment of service charges proportional to transaction values are fixed ¿ for example some of the charges that can be paid for financial and legal services. Furthermore, this Commission Regulation modifies the contents of COICOP classes 12.6.2 Other financial services n.e.c. and 12.7.0 Other services n.e.c.. [back]Reference: Commission Regulation (EC) No 1920/2001 of 28 September 2001 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of service charges proportional to transaction values in the harmonised index of consumer prices and amending Regulation (EC) No 2214/96 The minimum standards for revisions procedures are defined – for example when new or improved information is received or when ther... [more]The minimum standards for revisions procedures are defined – for example when new or improved information is received or when there are changes to the rules governing the production of the HICPs. The HICPs are revisable – subject to specific procedural rules. [back]Reference: Commission Regulation (EC) No 1921/2001 of 28 September 2001 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for revisions of the harmonised index of consumer prices and amending Regulation (EC) No 2602/2000 The minimum standards for the treatment of insurance transactions are fixed. The price of gross insurance premiums is used as the ... [more]The minimum standards for the treatment of insurance transactions are fixed. The price of gross insurance premiums is used as the price indicator, but weights use the so-called ¿insurance service charge¿. [back]Reference: Commission Regulation (EC) No 1617/1999 of 23 July 1999 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 - as regards minimum standards for the treatment of insurance in the Harmonized Index of Consumer Prices and modifying Commission Regulation (EC) No 2214/96 A new classification framework to be used (the COICOP/HICP classification) is established – in line with the final version of COI... [more]A new classification framework to be used (the COICOP/HICP classification) is established – in line with the final version of COICOP defined by the United Nations. [back]Reference: Commission Regulation (EC) No 1749/1999 of 23 July 1999 amending Regulation (EC) No 2214/96, concerning the sub- indices of the harmonized indices of consumer prices The minimum standards for the recording of prices in the health, education and social protection fields are fixed. In particular t... [more]The minimum standards for the recording of prices in the health, education and social protection fields are fixed. In particular the prices to be included in the HICPs are those paid by households net of any reimbursements from government, social security administrations or other non-profit institutions. [back]Reference: Council Regulation (EC) No 2166/1999 of 8 October 1999 laying down detailed rules for the implementation of Regulation (EC) No 2494/95 as regards minimum standards for the treatment of products in the health, education and social protection sectors in the Harmonised Index of Consumer Prices The coverage of products in the HICPs is extended to include some goods and services that had until then been excluded (e.g. COICO... [more]The coverage of products in the HICPs is extended to include some goods and services that had until then been excluded (e.g. COICOP 06.2.1 ‘Medical Services’) and to extend the coverage of some other products that have only been partly included (e.g. COICOP 04.4 ‘Other services related to the dwelling’). [back]Reference: Council Regulation (EC) No 1687/98 of 20 July 1998 amending Commission Regulation (EC) No 1749/96 concerning the coverage of goods and services of the harmonised index of consumer prices The geographical and population coverage is specified. The HICPs cover purchases by households within the territory of a country, ... [more]The geographical and population coverage is specified. The HICPs cover purchases by households within the territory of a country, by both resident and non-resident consumers. All sections of the population are covered in principle, including the extremes of the income distribution and including the institutional population. [back]Reference: Council Regulation (EC) No 1688/98 of 20 July 1998 amending Commission Regulation (EC) No 1749/96 concerning the geographic and population coverage of the harmonised index of consumer prices This Commission Regulation sets out the treatment of tariff prices (for example as can apply for electricity or telephone charges)... [more]This Commission Regulation sets out the treatment of tariff prices (for example as can apply for electricity or telephone charges), giving rules for dealing with changes in tariff structures. [back]Reference: Commission Regulation (EC) No 2646/98 of 9 December 1998 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of tariffs in the Harmonized Index of Consumer Prices Minimum standards for the quality of the weights of the HICPs are set down: the weights should relate to a period not more than se... [more]Minimum standards for the quality of the weights of the HICPs are set down: the weights should relate to a period not more than seven years before the index year. Checks should also be made each year to see whether any important changes have taken place and selective adjustments introduced when necessary. [back]Reference: Commission Regulation (EC) No 2454/97 of 10 December 1997 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the quality of HICP weightings This Commission Regulation sets out a series of standards: the initial coverage of the indices; the treatment of newly significant... [more]This Commission Regulation sets out a series of standards: the initial coverage of the indices; the treatment of newly significant goods and services; the formulae for the elementary aggregates; minimum standards for quality adjustment; sampling; missing price observations; the classification to be used (COICOP). [back]Reference: Commission Regulation (EC) No 1749/96 of 9 September 1996 on initial implementing measures for Council Regulation (EC) No 2494/95 concerning harmonized indices of consumer prices Arrangements for the transmission of HICP data (indices and weights) to Eurostat are set down. Reference: COMMISSION REGULATION (EC) No 2214/96 of 20 November 1996 concerning harmonized indices of consumer prices: transmission and dissemination of sub-indices of the HICP This Council Regulation sets the legal basis for the establishment of a harmonised methodology for compiling CPIs in the Member St... [more]This Council Regulation sets the legal basis for the establishment of a harmonised methodology for compiling CPIs in the Member States. It also give some basic definitions to be applied, and sets out the first standards on issues such as initial scope of the indices, the timetable and frequency for their production and publication. It also sets out arrangements for funding the additional work in Member States that would be necessary. [back]Reference: COUNCIL REGULATION (EC) No 2494/95 of 23 October 1995 concerning harmonized indices of consumer prices
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