Commission Regulation (EC) No 1708/2005 of 19 October 2005 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards the common index reference period for the harmonised index of consumer prices, and amending Regulation (EC) No 2214/96 (Text with EEA relevance)
Modified by
Commission Regulation (EU) 2015/2010of 11 November 2015amending Regulation (EC) No 1708/2005 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards the common index reference period for the harmonised index of consumer prices(Text with EEA relevance), 32015R2010, November 12, 2015
Commission Implementing Regulation (EU) 2020/1148of 31 July 2020laying down the methodological and technical specifications in accordance with Regulation (EU) 2016/792 of the European Parliament and of the Council as regards harmonised indices of consumer prices and the house price index(Text with EEA relevance), 32020R1148, August 4, 2020
Commission Regulation (EC) No 1708/2005of 19 October 2005laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards the common index reference period for the harmonised index of consumer prices, and amending Regulation (EC) No 2214/96(Text with EEA relevance)Article 1AimThe aim of this Regulation is to establish common rules for determining certain index reference periods in order to ensure that the resulting Harmonised Indices of Consumer Prices (HICPs) are comparable and relevant.Article 2DefinitionsThere shall be three types of common reference or base periods used in the construction of HICPs which may be chosen independently of each other, namely:(a)The "weighting reference period" is as defined in Article 2 of Commission Regulation (EC) No 2454/97OJ L 340, 11.12.1997, p. 24..(b)The "price reference period" is the period from which the current price change is measured and for which prices are used as denominators in the index calculations; it refers to the prices used for the volume valuation in the HICP weights.(c)The "index reference period" is the period for which the index is set to 100 index points.Article 3Index reference period1.The common index reference period for the HICP shall be set at 2015 = 100. This new index reference period shall be used for the full time series of all HICP indices and sub-indices, starting with the publication of the HICP for January 2016.2.Any additional sub-index to be integrated into the HICP shall be linked in December of a particular year at the level of 100 index points and shall be used as of and including January of the following year.Article 4AmendmentArticle 4 of Regulation (EC) No 2214/96 is replaced by the following:"Article 4Dissemination of sub-indicesThe Commission (Eurostat) shall disseminate sub-indices of the HICPs for the categories listed in Annex 1 to this Regulation on the basis of a common index reference period".Article 5Entry into forceThis Regulation shall enter into force on the twentieth day following its publication in the Official Journal of the European Union.This Regulation shall be binding in its entirety and directly applicable in all Member States.