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Inflation Rate - Europe - By Country - was last updated on Wednesday, October 30, 2024. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news.
January 2024's figures show, the annual inflation ranged from 0.9% to 7.3% in the EU. Romania came in with the highest rate 7.3% among the EU members, followed by Estonia (5%), Croatia (4.8%)...
Overview. The euro area annual inflation rate was 1.7% in September 2024, down from 2.2% in August. A year earlier, the rate was 4.3%. European Union annual inflation was 2.1% in September 2024, down from 2.4% in August. A year earlier, the rate was 4.9%. These figures are published by Eurostat, the statistical office of the European Union.
An inflation rate of 2% ensures price stability and supports the ECB’s goals by preventing deflation risks and maintaining effective monetary policy. It allows for smoother economic adjustments, prevents excessive unemployment, and addresses potential biases in price measurement.
Euro area annual inflation was 1.7% in September 2024, down from 2.2% in August 2024. Looking at the main components of euro area inflation, services had the highest annual rate in September (3.9% compared with 4.1% in August), followed by food, alcohol & tobacco (2.4% compared with 2.3% in August), non-energy industrial goods (0.4% stable ...
Compare euro area and national inflation rates measured by the Harmonised Index of Consumer Prices (HICP). See how components such as food, beverages, clothing and transport contribute to the overall inflation index. Overall inflation. October 2024.
Annual inflation rate in the Euro Area was revised lower to 1.7% in September 2024, compared to initial estimates of 1.8% and 2.2% in August. Inflation is now at April 2021-lows, and below the ECB target of 2%.
European Union annual inflation was 2.6% in March 2024, down from 2.8% in February. A year earlier, the rate was 8.3%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Lithuania (0.4%), Finland (0.6%) and Denmark (0.8%).
As of December 2023, the inflation rate in the European Union was 3.4 percent, with prices rising fastest in Czechia, which had an inflation rate of 7.6 percent.
Inflation, consumer prices (annual %) - European Union. International Monetary Fund, International Financial Statistics and data files. License : CC BY-4.0. Line Bar Map.