Your health care provider can help you with an individualized schedule. Measuring your Blood Sugar Level: You can check your blood sugar level with a blood glucose meter at any time during the day, but generally people take them before meals and before they go to bed at night. You can also show your healthcare provider your results to help them provide you with a better care plan. Tracking your blood sugar level along with your diet and exercise lets you see how to use diet and exercise to keep you at the right levels and stay healthy. The HICP covers the expenditure of all households within a country’s economic territory.Tracking your blood sugar level (or blood glucose level) is highly recommended to give you power over your body and health. The full range of product groups covered by the HICP consumption basket is given by the European Classification of Individual Consumption by Purpose (ECOICOP/HICP). Similarly, goods and services produced by households for their own consumption (such as home-grown vegetables) are not included.

For example, if a student pays a fixed tuition fee to a university, only the amount of the fee is included in the HICP consumption basket even if the full cost of providing the education is much higher. This is important to remember when analysing some expenditure categories, such as healthcare and education, where provision by the state is common. Only monetary transactions conducted directly by households are included in the HICP.

Inflation measurement and our strategy review.This will inform the Governing Council’s monetary policy assessments. Until then, we will use available measures of inflation that include home-ownership costs to support our understanding of how prices are changing in the economy. This could pave the way for a move to an HICP that includes owner-occupied housing costs as the main index to be used for monetary policy. The Governing Council welcomes the European Statistical System’s related work on the statistical compilation of owner-occupied housing. This includes everyday items such as food, newspapers and petrol, durable goods such as computers and washing machines, and services such as hairdressing, insurance and rented housing.įollowing the 2021 Strategy Review, the Governing Council recommended that home-ownership costs be included in the Harmonised Index of Consumer Prices to better reflect people’s experiences of rising prices. The technical name for these expenditures is “household final monetary consumption expenditure”. Ethics Network of Multilateral Organizations (ENMO)īasically all consumer goods and services purchased by means of monetary transactions come within the scope of the HICP.Financial stability and macroprudential policy.Euro area economic and financial developments by institutional sector.Meetings of the Governing Council and the General Council.

News & Publications Browse all news & publications European Forum for Innovation in Payments (EFIP).Advisory groups on market infrastructures.Common detector interface specifications.Securities settlement systems and central counterparties.TARGET professional use documents & links.ECB Operations managers group (ECB OMG).Debt Issuance Market Contact Group (DIMCG).Economic, monetary and financial analysis.

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