Consumer Price Index CPI in European Union decreased to 133.23 points in May from 133.24 points in April of 2025. This dataset provides - European Union Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar.

Key information about EU Consumer Price Index CPI growth

• EU Consumer Price Index (CPI) growth was measured at 2.7 % YoY in Feb 2025, compared with a rate of 2.8 % in the previous month.
• EU Consumer Price Index growth data is updated monthly, available from Jan 1997 to Feb 2025, with an averaged number of 2.4 % YoY.
• The data reached an all-time high of 11.5 % YoY in Oct 2022 and a record low of -0.6 % YoY in Jan 2015.

CEIC calculates Consumer Price Index Growth from monthly Harmonized Index of Consumer Prices. Eurostat provides Harmonized Index of Consumer Prices with base 2015=100. Consumer Price Index Growth prior to December 2000 is calculated from Consumer Price Index with base 2005=100 that includes United Kingdom. European Union stands for EU27 excluding UK. [COVID-19-IMPACT]

Inflation Rate In the Euro Area decreased to 1.90 percent in May from 2.20 percent in April of 2025. This dataset 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.

The inflation rate in the European Union was 2.4 percent in April 2025, a significant decline from the high-point reached in October 2022 of 11.5 percent, the highest rate of inflation recorded in the provided time period. Before 2021, the inflation rate in the EU peaked at 4.4 percent in July 2008 and was lowest in January 2015, when prices were shrinking by 0.5 percent. Currently, Romania has the highest inflation rate among EU member states at 4.9 percent, while France has the lowest inflation rate, at 0.9 percent.

The statistic shows the inflation rate in the European Union and the Euro area from 2019 to 2022, with projections up until 2029. The term inflation, also known as currency devaluation (drop in the value of money), is characterized by a steady rise in prices for finished products (consumer goods, capital goods). The consumer price index tracks price trends of private consumption expenditure, and shows an increase in the index's current level of inflation. In 2022, the inflation rate in the EU was about 9.32 percent compared to the previous year. The economic situation in the European Union and the euro area The ongoing Eurozone crisis, which initially emerged in 2009, has dramatically affected most countries in the European Union. The crisis primarily prevented many countries from refinancing their debt without help from a third party and slowed economic growth throughout the entire EU. As a result, general gross debt escalated annually in the euro area and more prominently in the EU. The collective sum of debt is most likely going to continue, given the current global economic situation as well as Europe’s recovering, however struggling economy. Struggles are primarily evident in the EU’s budget balance, which saw itself in the negative every year over the same timeframe as the eurozone crisis, although the balances improved on a yearly basis. Despite economical struggles, the EU still grew in population almost every year over the past decade, primarily due to a high standard of living and job opportunities, compared to many of its surrounding neighbors.

Consumer Price Index CPI In the Euro Area decreased to 128.71 points in May from 128.77 points in April of 2025. This dataset provides the latest reported value for - Euro Area Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Consumer Price Index: All Items: Total: Total for the Euro Area (19 Countries) (EA19CPALTT01IXOBM) from Jan 1990 to Jan 2023 about Euro Area, Europe, all items, CPI, price index, indexes, and price.

This dataset provides values for CONSUMER PRICE INDEX CPI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

Since 2021, the large economies of Western Europe have been experiencing a surge in inflation, with inflation reaching as high as 11.84 percent in Italy during October 2022. During 2023 the rate of inflation in all these economies has fallen significantly, reaching as low as 0.67 percent in Italy and 3.17 percent in Germany. This inflationary episode is understood by economists to have been caused by several factors, notably the supply chain issues during the COVID-19 pandemic, pent-up consumer demand which was released after lockdowns ended, as well as policies of monetary and fiscal stimulus during the pandemic aimed at boosting economic activity.

Key information about EU Core CPI Change

• European Union Core CPI Change was reported at 7.819 % in May 2023.
• This records a decrease from the previous number of 8.336 % for Apr 2023.
• European Union Core CPI Change data is updated monthly, averaging 1.635 % from Jan 1997 to May 2023, with 317 observations.
• The data reached an all-time high of 8.662 % in Mar 2023 and a record low of 0.624 % in Jan 2015.
• European Union Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Harmonized Core Consumer Price Index. Eurostat provides Harmonized Core Consumer Price Index with base 2015=100. Core Consumer Price Index excludes Unprocessed Food and Energy. Core Consumer Price Index Growth prior to December 2001 is calculated from Core Consumer Price Index with base 2005=100 that includes United Kingdom. European Union stands for EU27 excluding UK.

Historical chart and dataset showing European Union inflation rate by year from 1960 to 2023.

Graph and download economic data for Consumer Price Index: All items: Total: Total for the European Union (EU28CPALTT01IXOBQ) from Q1 2000 to Q4 2019 about EU, Europe, all items, CPI, price index, indexes, and price.

The consumer price index (CPI) of beer in the European Union has experienced a steep increase over the last few years. The index value was 135.08 in October 2024 compared to 102.26 in February 2018, representing an increase of over 32 percent in six years.

The transportation sub-index of the CPI basket in European Union decreased to 128.09 points in May of 2025 from 129.68 points in April of 2025. This dataset provides - European Union Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Other tobacco products, which consists of products such as heated tobacco products, smokeless tobacco, and rolling papes, consistently had the highest value of the harmonized index of consumer prices (HICP) in the European Union between 2017 and 2024. Compared to the 2015 index baseline of 2015, average prices in this category have risen by over 73 percent.

Graph and download economic data for Consumer Price Index: All items: Total: Total for the European Union (EU28CPALTT01GYM) from Dec 2000 to Jan 2020 about EU, Europe, all items, CPI, price index, indexes, and price.

Core consumer prices In the Euro Area increased 2.30 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for European Union (CP0430EUCCM086NEST) from Jan 1996 to May 2025 about repair, maintenance, EU, harmonized, Europe, CPI, housing, price index, indexes, and price.

Oils and fats had the highest value of the harmonized index of consumer prices (HICP) in the European Union in 2024. Compared to the index baseline of 2015, average prices in this category have risen by over 79 percent.