council regul ec octob harmon indic consum price council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament regard opinion european monetari institut regard opinion econom social committe articl treati requir commiss emi report council progress made member state fulfil oblig achiev econom monetari union respect high degre price stabil articl protocol converg criteria refer articl treati state requir sustain price perform member state term inflat measur mean consum price index compar basi take account differ nation definit exist consum price indic compil directli compar basi commun fiscal monetari author regular time consum price indic purpos provid comparison inflat macro econom intern context distinct indic nation micro econom purpos recogn inflat phenomenon manifest form market transact includ capit purchas govern purchas payment labour purchas consum recogn rang statist consum price indic essenti part relev understand inflationari process nation level member state compar indic consum price produc addit similar indic consum price produc produc futur member state product compar indic involv cost alloc commun member state principl subsidiar creation common statist standard consum price indic task dealt effect commun level collect data compil compar consum price indic implement member state aegi organ institut respons compil offici statist nation level view achiev econom monetari union consum price index need commun statist programm committe spc establish council decis eec euratom favour opinion draft regul adopt regul articl aim aim regul establish statist base arriv calcul compar indic consum price commun level articl definit purpos regul definit appli harmon index consum price hicp compar index consum price produc member state european index consum price eicp consum price index produc commun commiss eurostat base hicp member state monetari union index consum price muicp consum price index produc context econom monetari union commiss eurostat base hicp member state derog articl treati long derog exist articl scope hicp base price good servic purchas econom territori member state purpos directli satisfi consum question weight decid commiss procedur laid articl articl compar hicp consid compar reflect differ price consumpt pattern countri hicp differ account differ concept method practic definit compil consid compar commiss eurostat adopt rule ensur compar hicp procedur laid articl articl timet derog therefrom measur achiev compar indic consum price implement stage stage march latest commiss eurostat collabor member state produc purpos report refer articl treati converg criteria interim set indic consum price member state indic base wholli data underli exist nation consum price indic adjust exclud owner occupi hous ii exclud health educ servic iii exclud item cover treat differ number member state stage ii hicp start index januari common index refer period year estim price twelv month prior januari subsequ month establish basi indic commiss eurostat request member state consult emi grant derog provis paragraph exceed period year member state concern make signific adjust statist system order fulfil oblig regul implement measur regul ensur compar hicp maintain improv reliabl relev adopt consult emi accord procedur laid articl articl basic inform basic inform price weight good servic account order achiev compar indic defin articl inform obtain statist unit defin council regul eec march statist unit observ analysi product system commun sourc provid compar requir indic refer articl regul met articl sourc statist unit call member state cooper collect provis price data oblig observ price charg give honest complet inform time request articl frequenc hicp eicp muicp compil month requir frequenc price collect month frequent collect preclud product hicp meet compar requir refer articl commiss eurostat except monthli collect paragraph preclud frequent price collect weight hicp updat frequenc suffici meet compar requir laid articl paragraph requir famili budget survei carri frequent year member state procedur articl acknowledg experienc consumpt pattern make frequent survei articl product result member state process data collect order produc hicp laspeyr type index cover categori coicop intern classif classif individu consumpt purpos adapt procedur articl establish compar hicp method procedur formula ensur compar requir met determin procedur articl transmiss result member state transmit hicp commiss eurostat period exce thirti dai end calendar month indic relat articl public hicp eicp muicp subindic set categori refer articl select procedur laid articl publish commiss eurostat period exce work dai end period refer articl articl compar data member state provid commiss eurostat request inform inter alia collect pursuant articl level detail evalu complianc compar requir qualiti hicp articl fund implement measur regul adopt take greatest account cost effect condit major addit resourc need member state commiss eurostat bear third addit cost end year implement measur articl procedur commiss assist statist programm committe hereinaft refer committe repres commiss submit committe draft measur committe deliv opinion draft time limit chairman lai urgenc matter opinion deliv major laid articl treati case decis council requir adopt propos commiss vote repres member state committe weight manner set articl chairman vote commiss adopt measur envisag accord opinion committe measur envisag accord opinion committe opinion deliv commiss delai submit council propos relat measur council act qualifi major expiri period month date referr council council act propos measur adopt commiss articl review consult committe commiss eurostat year date entri forc regul year submit report council hicp establish pursuant regul reliabl complianc compar requir report commiss state view oper procedur articl propos amend consid articl entri forc regul enter forc twentieth dai public offici journal european commun regul bind entireti directli applic member state luxembourg octob council presid solb mira