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The historic harmonised inflation rates are based upon the harmonised consumer price index (HICP). The index is a measure of the average price which consumers spend on a for European countries market-based “basket” of goods and services. The harmonised consumer price index is published by Eurostat to compare inflation in European countries. Eurostat - Harmonised Indices of Consumer Prices (HICP) Statistical tables at a glance. Consumer Price Index (Base Dec 2016=100) by COICOP Division, Jan-Dec 2018; Harmonised Index of Consumer Prices. Prices on average, as measured by the EU Harmonised Index of Consumer Prices (HICP), increased by 0.9% compared with February 2019.
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USD/bbl, data updated daily. Daily figure is based on last five (5) days rolling average.