On the occasion of the 25th anniversary of the Harmonised Index of Consumer Prices (HICP), Eurostat is promoting material that makes understanding inflation simpler.
Eurostat has a section in Statistics Explained called Statistics 4 beginners where statistical indicators and concepts are explained in a simple way to make the world of statistics a bit easier for pupils and students, as well as for everyone else with an interest in statistics.
If you’d like to learn more about what inflation is, how it’s measured, different kinds of inflation rates, and much more, you can take a look at this Statistics 4 beginners article on inflation. You can also watch the video below to learn how the inflation rate is calculated.
Related Video: https://europa.eu/webtools/crs/iframe?addconsent=youtube.com&oriurl=https%3A%2F%2Fwww.youtube.com%2Fembed%2F9YABKcwsKs4
Furthermore, if you are teaching inflation or if you want to understand more about it, check the video on price statistics in the Education corner, a section of the Eurostat website that provides interactive tools, videos, games, learning and teaching materials to understand statistics in an easy way.
The education corner also provides sets of exercises related to the presented statistical topics and tools.
For more information:
- Eurostat Education Corner with videos and exercises, including on price statistics
- Eurostat Statistics 4 beginners on inflation
- Eurostat set of Statistics Explained articles on HICP
- Eurostat dedicated section on HICP
- Eurostat database on HICP
- Eurostat visualisations on HICP