the HICP
noun[S]
ECONOMICSukusabbreviationforharmonizedindexofconsumerprices: aseriesofnumbersthat is used in manyEuropeancountriesto show howfastpricesarerising. The HICP is notbasedon the sameproductsandservicesas theCPI, themainindexused in the UK:
The HICPfigureremainswell below the 2%ceilingset by theEuropeanCentralBank.
Compare
CPI