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ISSN 1010-2779

Consumer price index

PRICES : EC Annual inflation rate remains at 3.5% in March.

Between February and March the average inflation rate for the EC as measured by the CPI for EUR-12

remained unchanged at a level of 3.5%, thus showing near stability of inflation for the Community as a

whole over four consecutive months: December 3.6%, January 3.6%, February 3.5%, March 3.5%.

In ascending order the current annual inflation rates and the corresponding figures a year ago for the

individual Member States are as follows:

Denmark

MAR.'93

MAR/92

1.1%

United Kingdom 1.9%

Ireland

France

Netherlands

Belgium

1.9%**

2.2%p

2.4%

2.9%

MAR.-92

MAR.'91

2.6%

4.0%

3.7%**

3.2%

4.3%

2.7%

Luxembourg

Spain

Germany*

Italy

Portugal

Greece

MAR.'93

MAR.'92

3.7%

4.0%

4.2%

4.2%p

7.3%

16.4%

MAR.'92

MAR.'91

3.0%

6.8%

4.8%

5.4%

8.5%

18.3%

At present 10 of the 12 Member States have annual inflation rates below 5% ; the rates for the applicant

Member States are also below 5% : Norway 2.5% , Finland 2.7%, Austria 3.9%, Sweden 4.9% .

The corresponding figures for the United States and Japan are 3.1% and 1.5% .

The monthly index for EUR 12 rose by 0.4% between February and March.

Monthly increases were relatively low in nearly all member States : 0.2% in Belgium, Denmark and Italy,

0.3% in Germany and Luxembourg, 0.4% in the Netherlands, the United Kingdom, Spain and Portugal,

0.5% in France.

The only exception was Greece where as a result of the introduction of new items after the winter sales

prices for clothing and footwear rose by 17.5% and those for durable goods by 7.5%. Together with lesser

increases for a large range of other goods and services this led to a sharp rise in the overall index of 3.7%

between February and March.

* The CPI for the Federal Republic of Germany continues to reflect the geographic borders prior to 3 October 1990.

** Ireland: February compared February

(2)

eurostat

OFICINA ESTADÍSTICA DE LAS COMUNIDADES EUROPEAS

DE EUROPÆISKE FÆLLESSKABERS STATISTISKE KONTOR

STATISTISCHES A M T DER EUROPÄISCHEN GEMEINSCHAFTEN

ΣΤΑΤΙΣΤΙΚΗ ΥΠΗΡΕΣΙΑ ΤΩΝ

ΕΥΡΩΠΑΪΚΩΝ ΚΟΙΝΟΤΗΤΩΝ

STATISTICAL OFFICE OF THE EUROPEAN COMMUNITIES

OFFICE STATISTIQUE DES

COMMUNAUTÉS EUROPÉENNES

ISTITUTO STATISTICO DELLE COMUNITÀ EUROPEE

BUREAU VOOR DE STATISTIEK DER EUROPESE GEMEENSCHAPPEN

SERVIÇO DE ESTATÍSTICA DAS COMUNIDADES EUROPEIAS

L-2920 Luxembourg - Tél. 43011 - Télex: Comeur Lu 3 4 2 3

B-1049 Bruxelles, bâtiment Berlaymont, rue de la Loi 2 0 0 (bureau de liaison) - Tél. 2351111

The information included in this bulletin has been taken from the Cronos data bank, which is

accessible via the different host companies. For all information about these host companies

contact Eurostat in Luxembourg, tel. 4301-34567, fax 436404.

To obtain specifications of the principal characteristics of the series contained in this bulletin

contact Luxembourg:

Mr Nijenhuis, tel. 4301-33202

Mr Desantis, tel. 4301-33511

ECSC-EEC-EAEC, Brussels - Luxembourg, 1993

Reproduction is authorized, except for commercial purposes, provided the source is acknowledged.

(3)

VERBRAUCHERPREISE

GESAMTWDEX

VEArøCERUNG % T/T-12

CONSUMER PRICES

GENERAL NDEX

VAHATI0N%T/r-12

PRIXALACONSOMMAnON

NOCE GENERAL

VArtATIONXT/T-12

BELGIQUE - BELGE

20

10

l i l i l í i l i i l i i l u l l ι 11 i l i ι l u 1 i i i i i t n l u Ι ι

1990

1991

1992

1993

25

20

16

10

DANMARK

1990

1991

1992

1993

BR DEUTSCHLAND

20

15"

10"

i l i i l i i l i . i n i . I i i l " ' '■

1990

1991

1992

1993

25

20

ELLADA

l i n i I I h l l l l h i I l i l i i l i i l i i l i i l 1111 il 11111 11

1990

1991

1992

1993

ESRANA

20

15

10

il i ι 1 ι ι Ι ι ι Ι ι ι Ι ι ι Ι ι ι Ι ι ι Ι ι ι 1 ι ι 1 ι ι Ι | | | n ì π Ι Ι Ι Ι '

1990

1991

1992

1993

FRANCE

20

15

10

I I . l u l l l u l i n i , , I , , I . , I ,

1990

1991

1992

1993

IRELAND

M i l l n i l i l l ι h ι I t i l l ι I n l ι ι Ιι ι I | i h i l n I n Ι ι

1990

1991

1992

1993

25

20

15

10

5

ITALIA

ι i l n l i i l n l i i l n f ι l i n i n i n i

1990

1991

1992

1993

LUXEMBOURG

' i l ι ι l i ι I n Ι ι il u i n li ι Ι ι il ι ι h ι li ι Ι ι ι I n Ι ι ι Ι M

1990

1991

1992

1993

25

20

15

10

NEDERLAND

n i n i u l u l i l i ! . I l i l i , l u l u I n I ι ι 11 1111 111 Ι ι ι

1991

1992

1993

sa

eurostat

PORTUGAL

ι il ιι l u l ιιΐι ιΐιιΐι ι l u l ιιΐιι Ι ιι l u l ι iliili ili ι

1990 1991 1992 1993

EUR 12

UNITED KINGDOM

i l i i l i i l i i l n l i i l M l i i l i i l n I n i

(4)

T A B L E I

CONSUMER PRICES

GENERAL INDEX

Annual

average

1989

1990

1991

1992P

1992

Match

April

May

June

July

August

September

October

November

December

1993

January

February

March

1992

EUR 12 Β DK

GR

JRL

NL

1993

January

Feb ./Jan.

March/Feb.

1992/91

March

April

May

June

July

August

September

October

November

December

1993/92

January

February

March

Price indices

1985=100

132.3

134.0

134.5

134.6

134.6

134.9

135.5

136.0

136.3

136.3P

116.4

116.5

117.0

117.3

117.9

117.7

117.9

118.1

118.5

118.5

126.2

126.4

127.3

127.3

126.7

126.8

127.3

127.2

127.5

127.2

114.2

114.5

115.0

115.2

115.2

115.4

115.7

116.1

116.7

116.8

297.1

301.6

301.6

306.7

301.0

305.2

317.7

325.4

328.0

331.7

152.2

152.1

152.5

152.5

153.0

154.3

155.6

155.7

155.9

156.3

122.6

122.9

123.2

123.2

123.1

123.0

123.3

123.7

123.8

123.8

136.8P

137.4P

137.9P

119.3

119.6

119.8

127.0

127.3

127.6

118.1

118.6

119.0

332.5

335.5

345.9

157.7

157.7

158.3

124.3

124.7

1253P

Rates of increase over one month (IRL 3 months)

March/Feb.

April/March

May/April

June/May

July/June

August/July

Sept./August

OcL/Setp.

Nov ./Oct.

Dec ./Nov.

0.4

0.5

0.4

0.1

0.1

0.2

0.4

0.4

0.2

0.0P

0.0

0.1

0.4

0.3

0.5

-0.2

0.2

0.2

0.3

0.0

0.4

0.2

0.7

0.0

-0.4

0.1

0.4

-0.1

0.2

-0.2

0.4

0.3

0.4

0.2

0.0

0.2

0.3

0.3

0.5

0.1

2.0

1.5

0.0

1.7

-1.9

1.4

4.1

2.4

0.8

1.1

0.4

-0.1

0.3

0.0

0.3

0.9

0.9

0.1

0.1

0.3

0.4

0.2

0.3

0.0

-0.1

-0.1

0.3

0.3

0.1

0.0

0.3P

0.4P

0.4P

0.7

0.3

0.2

-0.2

0.3

0.2

1.1

0.4

0.3

0.2

0.3

3.7

0.9

0.0

0.4

0.4

0.4

0.5P

Rates of increase over 12 months

4.8

4.8

4.8

4.5

4.1

4.1

4.0

4.0

3.8

3.6P

2.7

2.8

2.8

2.6

2.6

2.1

2.3

2.2

2.2

2.4

2.6

2.5

2.5

2.3

2.2

2.1

2.0

1.6

1.4

1.5

4.8

4.6

4.6

4.3

3.3

3.5

3.6

3.7

3.7

3.7

18.3

16.0

15.8

15.1

13.6

15.3

15.3

15.9

15.0

14.3

6.8

6.5

6.5

6.2

5.2

5.7

5.8

5.2

5.1

5.3

2.9

2.8

2.8

2.6

2.2

2.0

2.1

1.9

1.6

1.9

3.6P

3.5P

3.5P

2.8

2.8

2.9

1.5

1.3

1.1

4.4

4.2

4.2

14.5

14.5

16.4

4.7

4.0

4.0

2.1

2.2

2 J P

(5)

TABLE II

CONSUMER PRICES

GENERAL INDEX

Annual

average

1989

1990

1991

1992P

1992

March

April

May

June

July

August

September

October

November

December

1993

January

February

March

1992

March/Feb.

April/March

May/April

June/May

July/June

August/July

Sept./August

Oct./Setp.

Nov ./Oct.

Dec./Nov.

1993

Jan/Dec

Feb./Jan.

March/Feb.

U.S.A

115.3

121.5

126.6

130.5

129.5

129.7

129.9

130.4

130.7

131.0

131.4

131.9

132.0

132.0

132.6

133.1

133.5

Rates of

0.5

0.1

0.1

0.4

0.2

0.3

0.3

0.4

0.1

-0.1

0.5

0.4

0J

Japan

Switzerland

Price indices

103.7

106.9

110.4

112.3

111.7

112.8

112.9

112.8

112.0

112.3

112.8

112.9

112.7

112.7

112.6

112.7

113.4P

107.4

113.2

119.8

124.6

123.9

124.0

124.4

124.9

124.5

124.9

125.0

125.2

126.4

126.3

126.9

127.7

128.4

increase over one month (IRL 3

0.5

1.1

0.1

-0.1

-0.8

0.3

0.5

0.1

-0.2

0.0

-0.1

0.1

0.6P

0.3

0.2

0.3

0.4

-0.3

0.3

0.1

0.1

1.0

-0.1

0.5

0.6

0.6

Austria

107.8

111.3

115.0

119.7

118.7

118.7

119.1

119.5

120.9

121.4

120.6

120.4

120.5

120.6

122.0

122.8

123.3

months)

0.3

0.0

0.3

0.3

1.2

0.4

-0.7

-0.2

0.1

0.1

1.2

0.6

0.4

Norway

130.0

135.4

14O.0

143.3

142.8

143.1

143.3

143.6

143.7

143.3

144.0

144.3

144.3

144.3

144.7

145.1

146.4

0.9

0.2

0.1

0.2

0.1

-0.2

0.4

0.2

0.0

0.0

0.3

0.3

0.9

Sweden

1985=

122.3

135.1

147.8

151.1

150.4

150.8

150.9

150.6

150.4

150.5

152.6

152.9

152.2

152.8

156.7

157.1

157.9

Finland

=100

120.0

127.3

132.6

136.0

135.9

136.5

136.6

137.2

136.8

135.5

137.4

137.8

137.9

137.5

138.9

139.4

1 3 9 3

(T/T-l)

0.4

0.3

0.0

-0.2

-0.1

0.1

1.4

0.2

-0.5

0.4

2.6

0.2

0.5

0.3

0.5

0.1

0.4

-0.3

-0.2

0.7

0.3

0.1

-0.3

1.0

0.3

0.1

Canada

118.7

124.4

131.4

133.4

132.8

132.9

133.1

133.4

133.7

133.7

133.6

133.8

134.4

134.4

135.0

135.4

1353

0.3

0.1

0.2

0.2

0.2

0.0

-0.1

0.2

0.5

0.0

0.4

0.3

-0.1

1992

1993

Rates of increase over 12 months

(T/T-12)

March

April

May

June

July

August

September

October

November

December

3.2

3.2

3.0

3.1

3.2

3.1

3.0

3.2

3.0

2.9

2.0

2.4

2.0

2.3

1.7

1.7

2.0

1.1

0.7

1.2

4.9

4.8

4.2

4.2

3.8

3.5

3.5

3.5

3.3

3.4

4.1

4.0

4.3

4.0

4.0

3.8

3.9

4.0

3.9

4.2

2.5

2.4

2.4

2.5

2.5

2.3

2.0

2.2

2.2

2.2

2.4

2.1

2.1

2.0

1.9

2.0

2.4

2.2

1.2

1.8

2.8

2.8

2.4

2.7

2.6

2.3

2.6

2.7

2.8

2.1

1.6

1.7

1.3

1.1

1.3

1.2

1.3

1.6

1.7

2.1

January

February

March

3.3

3.2

3.1

1.2

1.4

1 3 P

(6)

EXPLANATORY NOTES

METHODOLOGY

The consumer price indices given here are the national indices which have different names in

each country. As far as trends are concerned, the general index published by EUROSTAT always

corresponds to the general index published by the country. The component items of this general

index are groups of national indices aggregated according to a harmonized classification

conforming to the ESA (European System of Integrated Economic Accounts). For these groups,

the price trends correspond to the trends noted by the national indices for the same classification

field. The field covered by the general index varies according to country; as regards the

population concerned (specific income bracket, certain socio-professional categories or total

households), the geographical areas used (capital, urban areas, country as a whole, etc.) or

differences in treatments of expenditure on rent, health care, etc... Finally, there is no uniform

method for seasonal adjustements. A fixed system is used in some countries, whereas in others a

chain system is used (variable weightings). The reference years used at national level for the

indices vary according to country. For ease of comparison, EUROSTAT has chosen 1985 as the

common year for the presentation of these indices.

THE CALCULATION

O F

THE EUR-12 INDEX

The EUR-12 index as calculated by EUROSTAT is a weighted average of national price indices.

The weight used is the proportion of each country in the final consumption of households for

EUR-12. The values of this consumption in national currency are converted into purchasing

power standard (PPS); for this prupose the purchasing power parities of the G.D.P. are used. Up

to 1987 purchasing power parities are those which result from the 1980 enquiry, from 1988

onwards they are those from the 1985 enquiry. The index calculated is a chain index of the

"Laspeyres" type with weights changing each year. However, the weights are lagged by three

years since the national accounts data needed become avalable only after three years. For

example: the weights used for 1991 are those of 1988, for 1990 those of 1987. Moreover,

national accounts data are often revised leading to revisions of the consumption weights. In order

to avoid continuous modifications in the EUR-12 index for previous periods, EUROSTAT has

decided to "freeze" the weights which are used. Thus the EUR-12 index will not be affected by

revisions of the national accounts. However when Member States carry out major revisions in the

price series for past years, EUR-12 data will be calculated using these new series.

(7)

Venta y suscripciones · Salg og abonnement · Verkauf und Abonnement · Πωλήσεις και συνδρομές

Sales and subscriptions · Vente et abonnements · Vendita e abbonamenti

Verkoop en abonnementen · Venda e assinaturas

BELGIQUE / BELGIË F R A N C E S U O M I TÚRKIYE

M o n i t e u r b e l g e / Belgisch S t a a t s b l a d

Rue d e L o u v a m 42 / L e u v e n s e w e g 42 B-10O0 B r u x e l l e s / B-1000 Brussel Tél. (02) 5 1 2 0 0 26

Fax (02) 5 1 1 01 84 Autres d i s t r i b u t e u r s / Overige v e r k o o p p u n t e n Librairie e u r o p é e n n e / E u r o p e s e b o e k h a n d e l Rue d e la Loi 2 4 4 / W e t s t r a a t 2 4 4 B-1040 B r u x e l l e s / B-1040 Brussel Tél. (02) 2 3 1 0 4 35

Fax (02) 7 3 5 0 8 60 J e a n D e L a n n o y

Avenue d u Roi 202 / K o n i n g s l a a n 2 0 2 B-1060 B r u x e l l e s / B-1060 Brussel Tél. (02) 5 3 8 5 1 69

Télex 6 3 2 2 0 U N B O O K Β Fax (02) 5 3 8 0 8 41 D o c u m e n t delivery: C r e d o c

Rue d e la M o n t a g n e 34 / Bergstraat 34 Bte 11 / B u s 11

B-1000 B r u x e l l e s / B-1000 Brussel Tél. (02) 51 1 6 9 41

Fax (02) 5 1 3 3 1 95

D A N M A R K

J . H. S c h u l t z I n f o r m a t i o n A / S H e r s t e d v a n g 10-12

D K - 2 6 2 0 A l b e r t s l u n d Tlf. (45) 4 3 6 3 2 3 00 Fax (Sales) (45) 43 63 19 69 Fax ( M a n a g e m e n t ) (45) 4 3 63 19 49

D E U T S C H L A N D B u n d e s a n z e i g e r Verlag Breite S t r a ß e

Postfach 1 0 8 0 06 D - W - 5 0 0 0 K ö l n 1

Tel. (02 21) 20 29-0

Telex A N Z E I G E R B O N N 8 8 8 2 595 Fax 2 02 9 2 78

G R E E C E / Ε Λ Λ Α Δ Α G.C. E l e f t h e r o u d a k i s SA International B o o k s t o r e Nikis Street 4 G R - 1 0 5 6 3 A t h e n s Tel. (01) 3 2 2 6 3 23 Telex 2 1 9 4 1 0 ELEF Fax 3 2 3 9 8 21

ESPANA

Boletín O f i c i a l del Estado Trafalgar. 2 9

E-28071 M a d r i d Tel. <91) 5 3 8 2 2 95 Fax (91) 5 3 8 2 3 49 M u n d i ­ P r e n s a Libros, SA Castellò. 3 7

E-28001 M a d r i d

Tel. (91) 4 3 1 3 3 99 (Libros) 4 3 1 3 2 22 (Suscripciones) 4 3 5 3 6 37 (Dirección) Télex 4 9 3 7 0 - M P L I - E Fax (91) 5 7 5 3 9 98 Sucursal:

Librería I n t e r n a c i o n a l A E D O S Consejo d e C i e n t o . 391 E-08009 B a r c e l o n a Tel. (93) 4 8 8 34 92 Fax (93) 4 8 7 7 6 59 Llibreria d e la Generalität d e C a t a l u n y a

Rambla d e i s Estudis. 118 (Palau Moja) E-08002 B a r c e l o n a

Tel. (93) 3 0 2 6 8 35 3 0 2 6 4 62 Fax (93) 3 0 2 12 99

J o u r n a l officiel

S e r v i c e d e s p u b l i c a t i o n s d e s C o m m u n a u t é s e u r o p é e n n e s 2 6 . rue Desaix

F-75727 Paris C e d e x 15 Tél. (1) 40 5 8 75 0 0 Fax (1) 40 5 8 77 0 0

IRELAND

G o v e r n m e n t S u p p l i e s A g e n c y 4 - 5 Harcourt R o a d

Dublin 2 Tel. (1) 61 3 1 11 Fax (1) 78 0 6 45

ITALIA Licosa SpA

Via Duca di Calabria. 1/1 Casella postale 552 1-50125 Firenze

Tel. (055) 64 54 15

Fax 64 12 57

Telex 5 7 0 4 6 6 L I C O S A I

G R A N D - D U C H È DE L U X E M B O U R G M e s s a g e r i e s Paul K r a u s

1 1 . m e C h r i s t o p h e Plantin L - 2 3 3 9 L u x e m b o u r g T é l . 4 9 9 88 88 Télex 2 5 1 5 Fax 4 9 9 88 84 4 4

N E D E R L A N D

S D U O v e r h e i d s i n f o r m a t i e Externe F o n d s e n P o s t b u s 2 0 0 1 4 2 5 0 0 EA ' s - G r a v e n h a g e Tel. (070) 37 89 911 Fax (070) 3 4 75 778

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Tel. (01) 69 34 14 Distribuidora d e Livros B e r t r a n d , Ld." G r u p o B e r t r a n d , S A Rua d a s Terras d o s Vales. 4-A A p a r t a d o 37

P-2700 A m a d o r a C o d e x Tel. ( 0 1 ) 4 9 5 9 0 5 0 Telex 15798 B E R D I S Fax 4 9 60 2 5 5

UNITED K I N G D O M

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