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Document 32020R1148

    Commission Implementing Regulation (EU) 2020/1148 of 31 July 2020 laying 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)

    C/2020/5166

    OJ L 252, 4.8.2020, p. 12–23 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    Legal status of the document In force: This act has been changed. Current consolidated version: 11/07/2024

    ELI: http://data.europa.eu/eli/reg_impl/2020/1148/oj

    Date of document:
    31/07/2020; Date of adoption
    Date of effect:
    24/08/2020; Entry into force Date pub. +20 See Art 29
    Date of end of validity:
    No end date
    Author:
    European Commission, Eurostat
    Responsible body:
    Eurostat, ESTAT
    Form:
    Implementing regulation
    Additional information:
    EEA relevance
    Treaty:
    Treaty on the Functioning of the European Union
    Legal basis:
    Link
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    Select all documents mentioning this document
    Modifies:
    Relation Act Comment Subdivision concerned From To
    Repeal 31996R1749 24/08/2020
    Repeal 31996R2214 24/08/2020
    Repeal 31998R1687 24/08/2020
    Implicit repeal 31998R1688 24/08/2020
    Repeal 31998R2646 24/08/2020
    Repeal 31999R1617 24/08/2020
    Implicit repeal 31999R1749 24/08/2020
    Repeal 31999R2166 24/08/2020
    Repeal 32000R2601 24/08/2020
    Repeal 32000R2602 24/08/2020
    Repeal 32001R1920 24/08/2020
    Repeal 32001R1921 24/08/2020
    Repeal 32005R1708 24/08/2020
    Repeal 32006R0701 24/08/2020
    Implicit repeal 32007R1334 24/08/2020
    Repeal 32009R0330 24/08/2020
    Repeal 32010R1114 24/08/2020
    Repeal 32013R0093 24/08/2020
    Implicit repeal 32013R0119 24/08/2020
    Implicit repeal 32015R2010 24/08/2020
    Modified by:
    Relation Act Comment Subdivision concerned From To
    Modified by 32023R1470 Deletion article 23 07/08/2023
    Modified by 32023R1470 Deletion article 25 07/08/2023
    Modified by 32023R1470 Deletion article 22 07/08/2023
    Modified by 32023R1470 Deletion article 27 paragraph 2 07/08/2023
    Modified by 32023R1470 Replacement article 1 07/08/2023
    Modified by 32023R1470 Deletion article 24 07/08/2023
    Modified by 32024R1720 Addition article 2 point 35 11/07/2024
    Modified by 32024R1720 Addition article 2 point 34 11/07/2024
    Modified by 32024R1720 Addition chapter 2 article 22 11/07/2024
    Instruments cited:
    Link

    4.8.2020   

    EN

    Official Journal of the European Union

    L 252/12

    COMMISSION IMPLEMENTING REGULATION (EU) 2020/1148

    of 31 July 2020

    laying 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)

    THE EUROPEAN COMMISSION,

    Having regard to the Treaty on the Functioning of the European Union,

    Having regard to Regulation (EU) 2016/792 of the European Parliament and of the Council of 11 May 2016 on harmonised indices of consumer prices and the house price index, and repealing Council Regulation (EC) No 2494/95 (1), and in particular Articles 3(6), 3(8), 3(9), 3(10), 4(4), 7(6) and 9(4) thereof,

    Whereas:

    (1)

    Regulation (EU) 2016/792 lays down a common framework for the production of the harmonised index of consumer prices (HICP), the harmonised index of consumer prices at constant tax rates (HICP-CT), the owner-occupied housing (OOH) price index and the house price index (HPI).

    (2)

    Pursuant to Article 12(3) of Regulation (EU) 2016/792, the Commission should integrate, to the extent compatible with that Regulation, the relevant provisions of Commission Regulations (EC) No 1749/96 (2) and (EC) No 2214/96 (3), Council Regulation (EC) No 1687/98 (4), Commission Regulations (EC) No 2646/98 (5) and (EC) No 1617/1999 (6), Council Regulation (EC) No 2166/1999 (7), Commission Regulations (EC) No 2601/2000 (8), (EC) No 2602/2000 (9),(EC) No 1920/2001 (10), (EC) No 1921/2001 (11) and (EC) No 1708/2005 (12), Council Regulation (EC) No 701/2006 (13), Commission Regulations (EC) No 330/2009 (14), (EU) No 1114/2010 (15) and (EU) No 93/2013 (16), adopted on the basis of Council Regulation (EC) No 2494/95 (17), while reducing, as far as appropriate, the overall number of implementing acts.

    (3)

    Member States should update the sub-index weights for the harmonised indices annually. Therefore, it is necessary to specify rules for deriving weights.

    (4)

    As it is not possible to observe all transactions of the target universe of the HICP, rules for sampling should be established.

    (5)

    The HICP measures the changes in consumer prices. In order to ensure that the concept of ‘price’ is applied in a harmonised way by the Member States, it is necessary to establish rules on the treatment of prices.

    (6)

    The HICP should provide a measure of pure change in prices that is unaffected by quality change. Therefore, it is necessary to establish rules for replacements and quality adjustments.

    (7)

    The harmonised indices should be annually chain-linked Laspeyres-type indices. Therefore, it is necessary to define elementary aggregates and to specify methods for combining observed prices to form elementary price indices.

    (8)

    In order to ensure the high quality of flash estimates of the HICP and to enable the Commission (Eurostat) to derive the necessary aggregates, Member States whose currency is the euro should transmit flash estimates according to the same breakdown as the HICP.

    (9)

    Harmonised indices and their sub-indices that have already been published may be revised. It is therefore necessary to specify the conditions under which revisions should be carried out.

    (10)

    In order to obtain reliable and comparable results from all Member States, a common methodological framework for the compilation of the HICP-CT should be established and maintained.

    (11)

    Member States should transmit the OOH price index and the HPI according to a specified breakdown.

    (12)

    Member States should transmit data and metadata to the Commission (Eurostat) in accordance with specified exchange standards and procedures.

    (13)

    In the European statistical system, practical guidance and recommendations should be developed on relevant HICP measurement and compilation issues, in particular on quality adjustment, index compilation and treatment of prices.

    (14)

    Regulations (EC) No 1749/96, (EC) No 2214/96, (EC) No 1687/98, (EC) No 2646/98, (EC) No 1617/1999, (EC) No 2166/1999, (EC) No 2601/2000, (EC) No 2602/2000, (EC) No 1920/2001, (EC) No 1921/2001, (EC) No 1708/2005, (EC) No 701/2006, (EC) No 330/2009, (EU) No 1114/2010 and (EU) No 93/2013 should be repealed.

    (15)

    The measures provided for in this Regulation are in accordance with the opinion of the European Statistical System Committee,

    HAS ADOPTED THIS REGULATION:

    CHAPTER 1

    GENERAL PROVISIONS

    Article 1

    Subject matter

    This Regulation establishes uniform conditions for producing:

    (a)

    the harmonised index of consumer prices (HICP) and the harmonised index of consumer prices at constant tax rates (HICP-CT); and

    (b)

    the owner-occupied housing (OOH) price index and the house price index (HPI).

    Article 2

    Definitions

    For the purposes of this Regulation, the following definitions shall apply:

    (1)

    ‘expenditure share’ means a percentage of total household final monetary consumption expenditure, as specified in the Annex;

    (2)

    ‘sub-index weight’ means the weight for any category of the European classification of individual consumption according to purpose (ECOICOP), as set out in Annex I to Regulation (EU) 2016/792, included in the HICP;

    (3)

    ‘target universe’ of the HICP means all transactions included in household final monetary consumption expenditure;

    (4)

    ‘product-offer’ means a product specified by its characteristics, the timing and place of purchase and the terms of supply, and for which a price is observed;

    (5)

    ‘homogeneous product’ means a set of product-offers among which there are no significant quality differences and for which an average price is calculated;

    (6)

    ‘individual product’ means a product-offer or a homogeneous product;

    (7)

    ‘target sample’ means a set of individual products that pertain to transactions from the target universe and for which price data are to be used for HICP compilation;

    (8)

    ‘quality difference’ means a difference between the characteristics, timing, place of purchase or terms of supply of two individual products, where this is relevant from the consumer’s perspective;

    (9)

    ‘replacement product’ means an individual product that replaces another individual product in the target sample;

    (10)

    ‘quality adjustment’ means a procedure of increasing or decreasing the observed price of a replacement product or the replaced product by the value of the quality difference between them;

    (11)

    ‘observed price’ means the consumer price of an individual product, as used by the Member State for the HICP compilation;

    (12)

    ‘estimated price’ means a price based on an appropriate estimation procedure;

    (13)

    ‘elementary aggregate’ means the smallest aggregate used in a Laspeyres-type index;

    (14)

    ‘elementary price index’ means an index for an elementary aggregate or an index for a stratum within an elementary aggregate;

    (15)

    ‘transitivity’ means the property whereby an index that compares periods (a) and (b) indirectly through period (c) is identical to one that compares periods (a) and (b) directly;

    (16)

    ‘time reversibility’ means the property whereby the index between periods (a) and (b) is equal to the inverse of the same index between periods (b) and (a);

    (17)

    ‘reimbursement’ means a partial or complete payment by government or non-profit institutions serving households of approved purchases by households of specified products, as defined in paragraphs 4.108-4.110 of Annex A to Regulation (EU) No 549/2013 of the European Parliament and of the Council (18) (ESA 2010);

    (18)

    ‘inducement’ means a change, often temporary, in the characteristics of an individual product by increasing the quantity of the product, attaching another individual product free of charge or offering other benefits to the consumer;

    (19)

    ‘actual premiums’ means the amounts paid for a specific insurance policy to obtain insurance cover over a stated time period;

    (20)

    ‘implicit service charge’ means the output of insurance companies, as defined in paragraph 16.51 of Annex A to ESA 2010;

    (21)

    ‘non-life insurance claims’ means claims as defined in paragraph 4.114 of Annex A to ESA 2010;

    (22)

    ‘seasonal product’ means an individual product that is available for purchase or purchased in significant amounts only part of a year in a recurring pattern. In any given month, the product is considered to be either in-season or out-of-season. The in-season period may vary from one year to another;

    (23)

    ‘typical price’ means an estimated price for a seasonal product that is not exceptional such as an end-of-season sales price;

    (24)

    ‘seasonal imputation method’ means a treatment whereby prices of out-of-season seasonal products are estimated using counter-seasonal or all-seasonal estimation;

    (25)

    ‘counter-seasonal estimation’ means a procedure to obtain an estimated price for a seasonal product so that:

    (a)

    in the first out-of-season month, a typical price from the previous in-season period is used;

    (b)

    in the following out-of-season months, the estimated price is equal to the previous month’s price adjusted by the average change in observed prices over all in-season seasonal products in the same ECOICOP group, class, subclass or the same aggregate at any level below the subclass;

    (26)

    ‘all-seasonal estimation’ means a procedure to obtain an estimated price for a seasonal product so that:

    (a)

    in the first out-of-season month, a typical price from the previous in-season period is used;

    (b)

    in the following out-of-season months, the estimated price is equal to the previous month’s price adjusted by the average change in observed prices over all individual products in the same ECOICOP group, class, subclass or same aggregate at any level below the subclass;

    (27)

    ‘seasonal weights method’ means a treatment of seasonal products in which weights for out-of-season seasonal products are zero or set to zero;

    (28)

    ‘tariff’ means a list of prices and conditions for a product that is differentiated according to the quantities purchased, the timing of consumption or the characteristics of purchasers;

    (29)

    ‘revision’ means a change in the indices or weights published by the Commission (Eurostat). A change between the flash estimate and the HICP for the same reference month shall not be considered a revision;

    (30)

    ‘provisional data’ means indices or weights that a Member State is expected to finalise in a later month;

    (31)

    ‘general government sector’ means central government, state government, local government and social security funds, as defined in paragraphs 2.113-2.117 of Annex A to ESA 2010;

    (32)

    ‘taxes on products’ means taxes that are payable per unit of a given good or service produced or transacted, as defined in paragraphs 4.16-4.20 of Annex A to ESA 2010;

    (33)

    ‘individual taxes in scope for the HICP-CT’ means individual taxes on products that relate to household consumption and are included in the following categories, defined in Table 9 (‘Detailed tax and social contribution receipts by type of tax or social contribution and receiving sub-sector including the list of taxes and social contributions according to national classification’) in Annex B to ESA 2010:

    (a)

    D.211 Value added type taxes (VAT);

    (b)

    D.2122e Taxes on specific services;

    (c)

    D.214a Excise duties and consumption taxes (other than those included in taxes and duties on imports);

    (d)

    D.214d Car registration taxes;

    (e)

    D.214e Taxes on entertainment;

    (f)

    D.214g Taxes on insurance premiums;

    (g)

    D.214h Other taxes on specific services;

    (h)

    D.214l Other taxes on products not elsewhere classified.

    CHAPTER 2

    HARMONISED INDEX OF CONSUMER PRICES AND HARMONISED INDEX OF CONSUMER PRICES AT CONSTANT TAX RATES

    Article 3

    Weights

    1.   Member States shall derive the sub-index and elementary aggregate weights used in the index for year t as follows:

    (a)

    Until 31 December 2022, national accounts data for year t-2 and any available and relevant information from household budget surveys and other data sources shall be used to obtain subclass expenditure shares and divide them among the elementary aggregates of the subclass. From 1 January 2023, national accounts data for year t-2, which can be complemented with data from a recent household budget survey and other sources, shall be used to obtain subclass expenditure shares and divide them among the elementary aggregates of the subclass;

    (b)

    The expenditure shares for year t-2 shall be reviewed and updated to make them representative of year t-1;

    (c)

    The expenditure shares for the elementary aggregates shall be adjusted with an appropriate price change between year t-1 and December of year t-1.

    2.   Sub-index weights shall be kept constant throughout the calendar year.

    3.   The weight of an elementary aggregate shall be kept constant throughout the calendar year, unless the list of elementary aggregates within a sub-class is adjusted to reflect significant changes in the target universe.

    4.   The sub-index weight for any ECOICOP division, group or class shall be equal to the sum of the sub-index weights of its constituent categories. The sum of all sub-index weights at any ECOICOP level shall equal 1 000.

    5.   The sub-index weight for any subclass shall be equal to the sum of the weights of the elementary aggregates of that subclass.

    6.   The sub-index weights that relate to non-life insurance shall be derived from aggregate expenditure by households on implicit service charges.

    7.   Consumption expenditure financed from non-life insurance claims, including payments made directly by the insurance companies, shall be included in the sub-index weights of the relevant ECOICOP categories.

    Article 4

    Sampling and representativity

    1.   Member States shall make a target sample that is representative of the target universe by defining elementary aggregates and selecting individual products for these elementary aggregates.

    2.   The number of individual products and elementary aggregates shall depend on the weight of the subclass and the variance of price movements of the individual products belonging to it.

    3.   Member States shall ensure that the target sample remains representative of the target universe over time by conducting at least an annual review and update of the target sample, and selecting replacement products.

    4.   Products for which the expenditure share is at least one part per thousand shall be represented in the target sample.

    Article 5

    Treatment of prices

    1.   Member States shall use observed prices to compile the HICP. They shall use estimated prices only for the purposes laid down in Articles 9, 11 and 14.

    2.   Observed prices for health, education and social protection products shall be net of reimbursements.

    3.   Changes in the observed prices or conditions of a tariff shall be shown as price changes in the HICP.

    4.   If observed prices are index-linked, changes resulting from changes in the index shall be shown as price changes in the HICP.

    5.   If household income is a condition determining the price, changes in the observed prices resulting from changes in household income shall be shown as price changes in the HICP.

    6.   Observed prices for insurance shall be actual premiums.

    7.   If an individual product has been made available to consumers free of charge and a price is charged subsequently, this shall be shown as a price increase in the HICP. Conversely, if a price has been charged for an individual product that is subsequently made available to consumers free of charge, this shall be shown as a price decrease in the HICP.

    Article 6

    Discounts and inducements

    1.   Member States shall take account of discounts that:

    (a)

    can be attributed to an individual product; and

    (b)

    can be claimed at the time of purchase.

    Where possible, account shall be taken of discounts that are available only to a restricted group of consumers.

    2.   Inducements shall be treated in accordance with Articles 10 and 11.

    Article 7

    Service charges proportional to transaction prices

    1.   The HICP shall include charges that are levied directly on consumers in exchange for the service provided and can be expressed as a flat fee or a proportion of the transaction price. If the price of a service is determined as a proportion of the transaction price, the proportion multiplied by the price of a representative unit transaction shall be used as an observed price.

    2.   Changes in the service charge that result from changes in the price of a representative unit transaction shall be shown as price changes in the HICP.

    3.   If a change in the price of a representative unit transaction cannot be measured, it shall be estimated using an appropriate price index.

    Article 8

    Observation of prices

    1.   An observed price for a good shall be included in the HICP for the month in which transactions can take place at that price.

    2.   An observed price for a service shall be included in the HICP for the month in which consumption of the service can commence.

    3.   If the price of a service depends on the time between the purchase and the commencement of the service, Member States shall take into account the prices that are representative for purchases of the service.

    4.   Observed prices shall refer to at least 1 working week at, or around, the middle of the month.

    5.   If prices for an individual product are known to be volatile within a month, the observed prices shall refer to more than 1 week.

    Article 9

    Estimation of prices

    1.   If the price of an individual product in the target sample cannot be observed, an estimated price shall be used for no longer than 2 months, after which a replacement product shall be selected. This paragraph shall not apply to seasonal products or other individual products that are expected to become available again.

    2.   A previously observed price shall not be used as an estimated price unless it can be justified as an appropriate estimate.

    Article 10

    Replacements

    1.   Member States shall select a replacement product that is similar to the disappearing product, while ensuring that the target sample remains representative.

    2.   Member States shall not select replacement products on the basis of a similar price.

    Article 11

    Quality adjustment

    1.   If there is no quality difference between a replaced product and its replacement, Member States shall compare the observed prices directly. Otherwise, Member States shall make a quality adjustment.

    2.   Member States shall make a quality adjustment equal to the whole price difference between the replaced product in month m-1 and its replacement in month m only if this can be justified as an appropriate estimate of the quality difference.

    Article 12

    Elementary price indices

    1.   The prices of individual products shall be aggregated to obtain elementary price indices using either of the following options:

    (a)

    an index formula that ensures transitivity. The price index of prior periods shall not be revised when using transitive index formulae; or

    (b)

    an index formula that ensures time reversibility and compares the prices of individual products in the current period with the prices of those products in the base period. The base period shall not be changed frequently if such change leads to significant violation of the transitivity principle.

    2.   An index formula that is consistent with those described in paragraph 1 shall be used to obtain a price index for an elementary aggregate from two or more elementary price indices.

    Article 13

    Integrating sub-indices after the index reference period

    Any sub-index that is integrated into the HICP after the index reference period shall be linked to December of a particular year and used as from January of the following year.

    Article 14

    Seasonal products

    If seasonal products are sampled in an elementary aggregate, Member States shall use the seasonal imputation method or the seasonal weights method to compile a price index for that aggregate.

    Article 15

    Breakdown of the flash estimate

    Member States whose currency is the euro shall transmit to the Commission (Eurostat) flash estimates for all sub-indices in their HICP.

    Article 16

    Finalisation of provisional data

    Where a Member State transmits sub-indices or their weights as provisional, it shall finalise them with the following month’s transmission.

    Article 17

    Revisions due to mistakes

    1.   Member States shall correct mistakes and transmit the revised sub-indices or sub-index weights to the Commission (Eurostat) without unjustified delay.

    2.   Member States shall provide the Commission (Eurostat) with information on the cause of the mistake at the latest with the transmission of the revised data.

    Article 18

    Other revisions

    1.   The timing, length and integration into the HICP of revisions other than those pursuant to Articles 16 and 17 shall be coordinated with the Commission (Eurostat).

    2.   Member States shall provide the Commission (Eurostat) with estimates of the revised HICP sub-indices no later than 3 months prior to the planned implementation of the proposed revision.

    Article 19

    Release of revisions

    Except for revisions pursuant to Article 16, any revision of the all-items HICP shall be made public, together with an explanation, on the website of the national body responsible for compiling the HICP.

    Article 20

    Revision of sub-index weights

    Without prejudice to Articles 16 and 17, sub-index weights shall not be revised.

    Article 21

    Harmonised index of consumer prices at constant tax rates

    1.   An individual tax in scope for the HICP-CT shall be taken into account if its annual revenue represents 2 % or more of the sum of all individual taxes in scope collected by general government sector.

    2.   The annual revenue from taxes taken into account in the HICP-CT shall cover at least 90 % of the sum of all individual taxes in scope collected by general government sector.

    3.   The HICP-CT shall be compiled in the same way as the HICP, except that observed prices are adjusted so that the tax rates on products are kept constant in the observation period, as compared with the price reference period.

    4.   Changes in tax rates shall be reflected in the HICP-CT:

    (a)

    in the month for which the new rate is applied to the individual product and included in the observed price; or

    (b)

    in the first entire month for which the new rate is applicable. Rate changes that enter into force on the first day of the month shall be reflected in the HICP-CT for that month. Rate changes that enter into force later that month shall be reflected in the HICP-CT for the following month.

    CHAPTER 3

    OWNER-OCCUPIED HOUSING PRICE INDEX AND HOUSE PRICE INDEX

    Article 22

    Breakdown of the owner-occupied housing price index

    The OOH price index shall cover the following expenditure categories:

    (a)

    O.1. Owner-occupiers’ housing expenditures;

    (b)

    O.1.1. Acquisitions of dwellings;

    (c)

    O.1.1.1. New dwellings;

    (d)

    O.1.1.1.1. Purchases of new dwellings;

    (e)

    O.1.1.1.2. Self-build dwellings and major renovations;

    (f)

    O.1.1.2. Existing dwellings new to households;

    (g)

    O.1.1.3. Other services related to the acquisition of dwellings;

    (h)

    O.1.2. Ownership of dwellings;

    (i)

    O.1.2.1. Major repairs and maintenance;

    (j)

    O.1.2.2. Insurance connected with dwellings;

    (k)

    O.1.2.3. Other services related to ownership of dwellings.

    Article 23

    Breakdown of the house price index

    The HPI shall cover the following expenditure categories:

    (a)

    H.1. Purchases of dwellings;

    (b)

    H.1.1. Purchases of new dwellings;

    (c)

    H.1.2. Purchases of existing dwellings.

    Article 24

    Weights

    Each year, Member States shall compile and transmit to the Commission (Eurostat) one set of weights for OOH price indices and one set for HPIs, in the breakdowns specified in Articles 22 and 23.

    Article 25

    Owner-occupied housing price index compilation

    The OOH price index shall be based on the ‘net acquisitions’ approach, which measures changes in prices paid by consumers for the acquisition of dwellings that are new to households and changes in other costs related to the ownership, and transfer of ownership, of dwellings.

    CHAPTER 4

    DATA AND METADATA EXCHANGE STANDARDS AND DEADLINES

    Article 26

    Data and metadata exchange standards

    1.   Member States shall transmit data and metadata to the Commission (Eurostat) in electronic form via the single entry point services in accordance with the statistical data and metadata exchange standards.

    2.   Confidential data as defined in Regulation (EC) No 223/2009 of the European Parliament and of the Council (19) shall be flagged appropriately when transmitted to the Commission (Eurostat).

    Article 27

    Metadata exchange deadlines

    1.   Member States shall annually review and update their HICP and HICP-CT metadata for the current year and transmit them to the Commission (Eurostat) by 31 March.

    2.   Member States shall annually review and update their OOH price index and HPI metadata for the current year and transmit them to the Commission (Eurostat) by 30 June.

    CHAPTER 5

    FINAL PROVISIONS

    Article 28

    Repeal

    Regulations (EC) No 1749/96, (EC) No 2214/96, (EC) No 1687/98, (EC) No 2646/98, (EC) No 1617/1999, (EC) No 2166/1999, (EC) No 2601/2000, (EC) No 2602/2000, (EC) No 1920/2001, (EC) No 1921/2001, (EC) No 1708/2005, (EC) No 701/2006, (EC) No 330/2009, (EU) No 1114/2010 and (EU) No 93/2013 are repealed.

    Article 29

    Entry into force

    This Regulation shall enter into force on the twentieth day following that of 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.

    Done at Brussels, 31 July 2020.

    For the Commission

    The President

    Ursula VON DER LEYEN

    (1)   OJ L 135, 24.5.2016, p. 11.

    (2)  Commission Regulation (EC) No 1749/96 of 9 September 1996 on initial implementing measures for Council Regulation (EC) No 2494/95 concerning harmonized indices of consumer prices (OJ L 229, 10.9.1996, p. 3).

    (3)  Commission Regulation (EC) No 2214/96 of 20 November 1996 concerning harmonised indices of consumer prices: transmission and dissemination of sub-indices of the HICP (OJ L 296, 21.11.1996, p. 8).

    (4)  Council Regulation (EC) No 1687/98 of 20 July 1998 amending Commission Regulation (EC) No 1749/96 concerning the coverage of goods and services of the harmonised index of consumer prices (OJ L 214, 31.7.1998, p. 12).

    (5)  Commission Regulation (EC) No 2646/98 of 9 December 1998 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of tariffs in the Harmonized Index of Consumer Prices (OJ L 335, 10.12.1998, p. 30).

    (6)  Commission Regulation (EC) No 1617/1999 of 23 July 1999 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of insurance in the Harmonized Index of Consumer Prices and modifying Commission Regulation (EC) No 2214/96 (OJ L 192, 24.7.1999, p. 9).

    (7)  Council Regulation (EC) No 2166/1999 of 8 October 1999 laying down detailed rules for the implementation of Regulation (EC) No 2494/95 as regards minimum standards for the treatment of products in the health, education and social protection sectors in the Harmonised Index of Consumer Prices (OJ L 266, 14.10.1999, p. 1).

    (8)  Commission Regulation (EC) No 2601/2000 of 17 November 2000 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards the timing of entering purchaser prices into the harmonised index of consumer prices (OJ L 300, 29.11.2000, p. 14).

    (9)  Commission Regulation (EC) No 2602/2000 of 17 November 2000 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of price reductions in the harmonised index of consumer prices (OJ L 300, 29.11.2000, p. 16).

    (10)  Commission Regulation (EC) No 1920/2001 of 28 September 2001 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of service charges proportional to transaction values in the harmonised index of consumer prices and amending Regulation (EC) No 2214/96 (OJ L 261, 29.9.2001, p. 46).

    (11)  Commission Regulation (EC) No 1921/2001 of 28 September 2001 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for revisions of the harmonised index of consumer prices and amending Regulation (EC) No 2602/2000 (OJ L 261, 29.9.2001, p. 49).

    (12)  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 (OJ L 274, 20.10.2005, p. 9).

    (13)  Council Regulation (EC) No 701/2006 of 25 April 2006 laying down detailed rules for the implementation of Regulation (EC) No 2494/95 as regards the temporal coverage of price collection in the harmonised index of consumer prices (OJ L 122, 9.5.2006, p. 3).

    (14)  Commission Regulation (EC) No 330/2009 of 22 April 2009 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of seasonal products in the harmonised indices of consumer prices (HICP) (OJ L 103, 23.4.2009, p. 6).

    (15)  Commission Regulation (EU) No 1114/2010 of 1 December 2010 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the quality of HICP weightings and repealing Commission Regulation (EC) No 2454/97 (OJ L 316, 2.12.2010, p. 4).

    (16)  Commission Regulation (EU) No 93/2013 of 1 February 2013 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 concerning harmonised indices of consumer prices, as regards establishing owner-occupied housing price indices (OJ L 33, 2.2.2013, p. 14).

    (17)  Council Regulation (EC) No 2494/95 of 23 October 1995 concerning harmonized indices of consumer prices (OJ L 257, 27.10.1995, p. 1).

    (18)  Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (OJ L 174, 26.6.2013, p. 1).

    (19)  Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European Statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities (OJ L 87, 31.3.2009, p. 164).

    ANNEX

    Household final monetary consumption expenditure

    1.   

    The household final monetary consumption expenditure is defined in point 20 of Article 2 of Regulation (EU) 2016/792.

    2.   

    In further specifying the quality of weights, the final monetary consumption expenditure shall include the following examples of household final consumption expenditure as defined in the following points in paragraph 3.95 of Annex A to ESA 2010:

    —

    points (c), (d), (h) and (i),

    —

    the part of point (e) that relates to financial services directly charged, the part of point (f) that relates to non-life insurance services by the amount of the implicit service charge.

    The final monetary consumption expenditure shall also include dwelling allowances that are part of D.632, which is defined in paragraph 4.109 of Annex A to ESA 2010.

    3.   

    The final monetary consumption expenditure shall exclude the following examples of household final consumption expenditure as defined in the following points in paragraph 3.95 of Annex A to ESA 2010:

    —

    points (a), (b) and (g).

    The final monetary consumption expenditure shall also exclude the following examples that are not part of household final consumption expenditure:

    —

    points (a) to (f) in paragraph 3.96 of Annex A to ESA 2010, except for dwelling allowances part of D.632, which is defined in paragraph 4.109 of Annex A to ESA 2010,

    —

    taxes on income, defined in paragraph 4.78 of Annex A to ESA 2010,

    —

    property income, defined in paragraph 4.41 of Annex A to ESA 2010,

    —

    employers’ actual social contributions, defined in paragraph 4.92 of Annex A to ESA 2010,

    —

    net non-life insurance premiums, defined in paragraph 4.112 of Annex A to ESA 2010,

    —

    current transfers between households, defined in paragraph 4.129 of Annex A to ESA 2010,

    —

    fines and penalties imposed on institutional units by courts of law or quasi-judicial bodies, defined in paragraph 4.132 of Annex A to ESA 2010.

    4.   

    Monetary transactions are those transactions when the units involved make or receive payments, or incur liabilities or receive assets denominated in units of currency. Transactions that do not involve the exchange of cash, or assets or liabilities denominated in units of currency, are non-monetary transactions.

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