Inflation rate for restaurants and hotels in the EU 1997-2023

Harmonized index of consumer prices (HICP) inflation rate for restaurants and hotels in the European Union from January 1997 to December 2023

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Source

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Release date

February 2024

Region

Europe, EU

Survey time period

January 1997 to December 2023

Supplementary notes

The Harmonized Index of Consumer Prices (HICP) gives comparable measures of inflation for the countries and country groups for which it is produced. It is an economic indicator that measures the change over time of the prices of consumer goods and services acquired by households. In other words, it is a set of consumer price indices (CPIs) calculated according to a harmonized approach and a set of definitions as laid down in Regulations and Recommendations.
The HICP comprises all products and services purchased in monetary transactions by households, both resident and non-resident (i.e 'domestic concept'), within the territory of a country. Some categories of ECOICOP are excluded either in principle or on practical grounds from the HICP coverage:
02.3 Narcotics 04.2 Imputed rentals for housing 09.4.3 Games of chance 12.2 Prostitution 12.5.1 Life insurance 12.6.1 Financial intermediation services indirectly measured (FISIM)

The main index reference period currently used is 2015. (2015=100)
This data was obtained from the Eurostat database with code PRC_HICP_MANR

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