Inflation Rate In the Euro Area decreased to 2.30 percent in February from 2.50 percent in January 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.

Consumer Price Index CPI in European Union increased to 131.92 points in February from 131.33 points in January 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]

Consumer Price Index CPI In the Euro Area increased to 127.26 points in February from 126.72 points in January 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.

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.

Graph and download economic data for Harmonized Index of Consumer Prices: All-Items HICP for Euro Area (19 Countries) (CP0000EZ19M086NEST) from Jan 1996 to Feb 2025 about harmonized, Euro Area, Europe, all items, CPI, price index, indexes, and price.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Graph and download economic data for Consumer Price Index: All items: Total: Total for the European Union (EU28CPALTT01GYQ) from Q1 2000 to Q4 2019 about EU, Europe, all items, CPI, price index, indexes, and price.

The inflation rate in the European Union was 2.7 percent in December 2024, 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 5.5 percent, while Ireland has the lowest inflation rate, at 0.1 percent. What is causing high inflation? Many factors have come together at the same time to drive the rise in prices currently being felt across Europe. Although the demand side of the economy returned quite quickly after the COVID-19 restrictions of 2020, global supply chains are yet to catch up. In particular, energy and food prices have increased due to this bottleneck, especially after Russia invaded Ukraine in February 2022. As of March 2022, the inflation rate for energy was 40.2 percent in the EU and was 5.9 percent for food.

Consumer Price Index (CPI) in Euro area, February, 2025 The most recent value is 127.26 index points as of February 2025, an increase compared to the previous value of 126.72 index points. Historically, the average for Euro area from January 1996 to February 2025 is 93.5944 index points. The minimum of 70.97 index points was recorded in January 1996, while the maximum of 127.26 index points was reached in February 2025. | TheGlobalEconomy.com

This table includes figures on the price developments of a package of goods and services purchased by consumers in the Netherlands. The figures are consistent with European directives also known as the harmonised consumer price index (HICP). In all member states of the European Union (EU), these indices are compiled in a similar manner to facilitate comparison between the various EU countries.

This table also contains the HICP at constant taxes: this price index excludes the effect of changes in the rates of product-related taxes (e.g. VAT and excise duty on alcohol and tobacco).

The table also includes the month-on-month and year-on-year changes of the HICP. The year-on-year change of total consumer expenditure is known as inflation. The figures are shown for 327 product groups in 2025. Furthermore, 34 combinations of product groups (special aggregates) are displayed. The weighting coefficient shows how much consumers in the Netherlands spend on each product group in relation to their total expenditure. The total weighting is 100,000.

HICP figures are published every month. In addition, an annual figure is published at the end of the year. The HICP of a calendar year is calculated as the average of the indices of the twelve months of that year.

Data available from: January 1996.

Status of the figures: Figures of the flash estimate are published at the end of a reporting month, or shortly thereafter. At the flash estimate, figures are made available for the all items category and for a selection of special aggregates. These figures are calculated on the basis of still incomplete source data. The results of the flash estimate are characterized as provisional.

In most cases, the figures are final in the second publication of the same reporting month. Differences between the provisional and final indices are caused by source material that has become available after the flash estimate. The results of the HICP are only marked as provisional in the second publication if it is already known at the time of publication that data are still incomplete, a revision is expected in a later month, or in special circumstances such as the corona crisis. In that case, the figures become final one month later.

Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.

Changes as of 13 February 2025: Starting in the reporting month of January 2025, price changes will be published for expenditure categories 053290 Other small electric household appliances and 103000 Post-secondary non-tertiary education. The base period for this new index series is December 2024. This means that the index level of 100 is the price level measured in December 2024.

Changes as of 8 February 2024: Starting in the reporting month of January 2024, a price change will be published for expenditure category 063000 Hospital Services. The base period for this new index series is December 2023. This means that the index level of 100 is the price level measured in December 2023. Previously, between 2000 and 2009, an index was published for the same expenditure category. The base year for that index series was 2005=100. It was discontinued after December 2009. The current series starts again from 100 in December 2023.

When will new figures be published? The figures of the flash estimate are published on the last working day of the month to which the figures relate, or shortly thereafter.

Final figures will usually be published between the first and second Thursday of the month following on the reporting month.

All CPI and HICP publications are announced on the publication calendar.

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.

This table includes all price index numbers calculated according to the Harmonised consumer price index (HICP) for the Netherlands, the Euro area and the European Union (EU). In all member states of the EU, these indices are compiled in a similar manner to facilitate comparison between the various EU countries.

The table also includes the harmonised consumer price index for the Euro area. This index figure reflects the average price increase/decrease in the countries which have adopted the euro as their currency. The table also includes the European consumer price index, i.e. the harmonised consumer price index for the member states of the European Union.

HICP figures are published every month. In addition, an annual figure is published at the end of the year. The HICP of a calendar year is calculated as the average of the indices of the twelve months of that year.

Data available from: January 1996.

Status of the figures: The HICP results for the Netherlands in this table are in most cases final immediately upon publication. At that time, the results for the euro area are still based on the flash estimate and are characterized as provisional. A month later, these figures become final.

The results of the HICP are only marked as provisional if it is already known at the time of publication that data are still incomplete, a revision is expected in a later month, or in special circumstances such as the corona crisis.

In most cases, all requested price information is known to Statistics Netherlands when the results are published and no adjustment is made later. However, sometimes certain price information is not available in time and the outcome can be adjusted later. HICP results can then always be revised together with the CPI results, even if they were not published as provisional in the previous month. CPI results are marked as provisional when the index figures are first published, the figures are final the following month.

Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.

When will new figures be published? New figures will usually be published between the first and second Thursday of the month following on the reporting month.

All CPI and HICP publications are announced on the publication calendar.

Graph and download economic data for Harmonized Index of Consumer Prices: Food for Euro Area (19 Countries) (CP0110EZ19M086NEST) from Dec 1999 to Feb 2025 about harmonized, Euro Area, Europe, food, CPI, price index, indexes, and price.

Core consumer prices In the Euro Area increased 2.60 percent in February 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.

As of December 2024, the inflation rate in the European Union was 2.7 percent, with prices rising fastest in Romania, which had an inflation rate of 5.5 percent. By contrast, both Ireland and Italy saw low inflation rates during the same period, with Ireland 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.

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.

Inflation in the Euro currency area, which hit a peak of 10.6 percent in October 2022, is set to continue to fall in 2025. Economic forecasts predict that the HICP inflation rate will range between 2.2 percent and 2 percent over the year. This sustained decrease follows a downward trend that began in 2024 when inflation settled at .2.4 percent.