COVID-19: impact on the HICP forecast by scenario in Spain 2020-2022
The latest forecasts made available by the Bank of Spain on the impact of the coronavirus (SARS-Cov-2) on the harmonized index of consumer prices at the national level present a bleak outlook. The HICP, like the CPI, measures the changes that occur in the prices of goods and services in a given period, although using a different calculation method. It is used by the European Central Bank (ECB) to compare the evolution of prices in different countries.