Euro Area Inflation Rate 1991-2018 | Data | Chart | Calendar | Forecast

Consumer price inflation in the Euro Area stood at 1.4 percent year-on-year in December 2017, unrevised from the preliminary estimate and compared to 1.5 percent in the previous month. Prices rose at a softer pace for energy and unprocessed food. Inflation Rate in the Euro Area averaged 1.98 percent from 1991 until 2017, reaching an all time high of 5 percent in July of 1991 and a record low of -0.70 percent in July of 2009.

Euro Area Inflation Rate
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Eurozone December Inflation Rate Confirmed at 1.4%


Consumer price inflation in the Euro Area stood at 1.4 percent year-on-year in December 2017, unrevised from the preliminary estimate and compared to 1.5 percent in the previous month. Prices rose at a softer pace for energy and unprocessed food.

Year-on-year, energy prices increased by 2.9 percent, easing from a 4.7 percent jump in November; and unprocessed food prices rose at a softer 1.9 percent, compared with a 2.4 percent gain in the previous month. Meanwhile, inflation was flat for services (at 1.2 percent); and rose for processed food, alcohol and tobacco (2.2 percent from 2.1 percent) and non-energy industrial goods (0.5 percent from 0.4 percent).

Among Eurozone's largest economies, the highest annual rate was registered in Germany (1.6 percent), followed by France (1.2 percent), Spain (1.2 percent), Italy (1 percent), Greece (1 percent) and Ireland (0.5 percent).

Annual core inflation, which excludes volatile prices of energy, food, alcohol and tobacco and at which the ECB looks in its policy decisions, was also confirmed at 0.9 percent in December, unchanged from the previous month.

On a monthly basis, consumer prices rose 0.4 percent, following a 0.1 percent gain in November and in line with market consensus.


Eurostat | Joana Ferreira |
1/17/2018 10:13:31 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-18 10:00 AM Inflation Rate YoY Final 1.5% 1.4% 1.5% 1.5%
2018-01-05 10:00 AM Inflation Rate YoY Flash 1.4% 1.5% 1.4% 1.4%
2018-01-17 10:00 AM Inflation Rate YoY Final 1.4% 1.5% 1.4% 1.4%
2018-01-31 10:00 AM Inflation Rate YoY Flash 1.4% 1.3% 1.5%
2018-02-23 10:00 AM Inflation Rate YoY Final 1.4%
2018-02-28 10:00 AM Inflation Rate YoY Flash 1.40%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.50 5.00 -0.70 percent [+]
Inflation Rate Mom 0.40 0.10 1.35 -1.60 percent [+]
Consumer Price Index CPI 102.68 102.31 102.68 70.52 Index Points [+]
Core Consumer Prices 102.68 102.22 102.68 75.11 Index Points [+]
Core Inflation Rate 0.90 0.90 2.60 0.60 percent [+]
GDP Deflator 108.20 107.84 108.20 76.54 Index Points [+]
Producer Prices 105.80 105.20 109.40 50.70 Index Points [+]
Producer Prices Change 2.80 2.50 10.70 -8.10 percent [+]
Import Prices 103.50 103.40 104.80 96.00 Index Points [+]
Food Inflation 1.90 2.20 6.90 -1.60 percent [+]
CPI Housing Utilities 101.77 101.64 101.77 60.35 Index Points [+]
CPI Transportation 102.85 102.16 104.05 66.00 Index Points [+]


Euro Area Inflation Rate

In Euro Area, the inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates. The main components of the HICP are: food, alcohol and tobacco (19 percent of the total weight), energy (11 percent), non-energy industrial goods (29 percent) and services (41 percent). The HICP aggregates are computed as the weighted average of each country’s HICP components. The weight of a country is its share of household final monetary consumption expenditure in the total of the country’s group. The local HICPs are supplied to the Eurostat by the National Statistical Institutes. This page provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.50 5.00 -0.70 1991 - 2017 percent Monthly




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 1.90 Dec/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 1.00 Dec/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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