MEASURES

COICOP

The UN classification of household spending into categories such as food, housing and transport.

2 min read · Reviewed September 2026

In plain words

COICOP (Classification of Individual Consumption According to Purpose) divides household spending into 12 divisions — food, alcohol & tobacco, clothing, housing, health, transport, communications, recreation, education, restaurants, and miscellaneous. It lets countries compare categories across borders.

Frequently asked questions

What does COICOP stand for?

Classification of Individual Consumption According to Purpose — a UN standard that divides household spending into 12 divisions so price data can be compared across countries consistently.

Cite this term

InflationTheGuide. "COICOP." InflationTheGuide Glossary, reviewed September 2026. https://inflationtheguide.com/glossary/coicop