Harmonised index of consumer prices and Rate regulation: Difference between pages

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imported>Doug Williamson
(To note source for previous edit and HICP = CPI for UK https://www.ons.gov.uk/economy/inflationandpriceindices/articles/coveragedifferencesbetweentheharmonisedindexofconsumerpricesandnationalconsumerpricesindices/2016-05-23)
 
imported>Doug Williamson
(Add link.)
 
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''Inflation measures - European Union.''
Rate regulation is a framework for establishing the prices that can be charged to customers for goods and services.  


(HICP).  
This framework is subject to oversight and/or approval by a rate regulator.


The Harmonised Index of Consumer Prices (HICP) is compiled by National Statistics Institutes (NSIs) of the European Union member states and European Free Trade Association (EFTA) members and provided to Eurostat (the statistical authority of the European Union).  
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.


Eurostat sets the methodological guidelines for the index in order to make the HICP internationally comparable between member states.


==See also==
* [[IFRS 14]]
* [[Ofwat]]
* [[Ofgem]]
* [[Regulation]]
* [[Regulatory deferral account]]


The HICP for the UK is the Consumer Prices Index (CPI).
[[Category:Accounting,_tax_and_regulation]]
 
 
== See also ==
* [[Consumer Prices Index]]
* [[European Free Trade Association]]
* [[Inflation]]
 
[[Category:The_business_context]]

Latest revision as of 06:41, 6 July 2022

Rate regulation is a framework for establishing the prices that can be charged to customers for goods and services.

This framework is subject to oversight and/or approval by a rate regulator.

For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.


See also