Euro Area Inflation Rate  1991-2016 | Data | Chart | Calendar | Forecast

Consumer prices in the Euro Area went up 0.2 percent year-on-year in August of 2016, the same as in the previous month. Figures came in line with preliminary estimates, remaining well below the ECB’s 2 percent target. Inflation Rate in the Euro Area averaged 2.02 percent from 1991 until 2016, reaching an all time high of 5 percent in July of 1991 and a record low of -0.70 percent in July of 2009. Inflation Rate in the Euro Area is reported by the Eurostat.

Euro Area Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 5.00 -0.70 1991 - 2016 percent Monthly
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-18 09:00 AM Jul 0.2% 0.1% 0.2% 0.2%
2016-08-31 09:00 AM Aug 0.2% 0.2% 0.3% 0.3%
2016-09-15 09:00 AM Aug 0.2% 0.2% 0.2% 0.2%
2016-09-30 09:00 AM Sep 0.2% 0.4% 0.3%
2016-10-17 09:00 AM Sep 0.2%
2016-10-31 10:00 AM Oct 0.2%

Euro Area Inflation Rate Confirmed at 0.2% in August


Consumer prices in the Euro Area went up 0.2 percent year-on-year in August of 2016, the same as in the previous month. Figures came in line with preliminary estimates, remaining well below the ECB’s 2 percent target.

The largest upward impacts came from prices of restaurants and cafés (+1.5 percent), fruit (+5.9 percent) and vegetables (+4.5 percent), while cost of fuels for transport (-7.4 percent), heating oil (-15.6 percent) and gas (-6 percent) declined.

Among member states, the highest annual rates were recorded in Belgium (2 percent), Estonia (1.1 percent) and Malta (1 percent) while the lowest were seen in Slovakia (-0.8 percent), Cyprus (-0.6 percent) and Ireland (-0.4 percent).

Core inflation which excludes energy, food, alcohol and tobacco was 0.8 percent, below 0.9 percent in July. Excluding fuel only, the inflation also eased to 0.9 percent from 1 percent in July.  

Compared with the previous month, consumer prices edged up 0.1 percent. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
9/15/2016 9:22:00 AM

Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.20 5.00 -0.70 percent [+]
Inflation Rate Mom 0.10 -0.60 1.35 -1.60 percent [+]
Consumer Price Index CPI 100.21 100.12 100.68 70.52 Index Points [+]
Core Consumer Prices 100.85 100.58 101.25 75.11 Index Points [+]
Core Inflation Rate 0.80 0.90 2.60 0.60 percent [+]
GDP Deflator 106.77 106.49 106.77 76.64 Index Points [+]
Producer Prices 101.70 101.60 109.44 50.60 Index Points [+]
Producer Prices Change -2.80 -3.10 10.70 -8.10 percent [+]
Import Prices 101.70 101.40 104.80 96.00 Index Points [+]
Food Inflation 1.10 1.30 6.90 -1.60 percent [+]
Cpi Transportation 99.62 100.03 104.05 66.00 Index Points [+]




Last
Afghanistan 7.32 Aug/16
Albania 2.00 Aug/16
Algeria 6.35 Aug/16
Angola 38.18 Aug/16
Argentina 40.50 Apr/16
Armenia -1.90 Aug/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Aug/16
Azerbaijan 10.80 Aug/16
Bahamas -0.33 Jun/16
Bahrain 2.60 Aug/16
Bangladesh 5.37 Aug/16
Barbados -1.20 Apr/16
Belarus 11.80 Aug/16
Belgium 1.87 Sep/16
Belize 1.00 Jul/16
Benin -1.20 Aug/16
Bhutan 3.31 Jun/16
Bolivia 3.49 Aug/16
Bosnia and Herzegovina -1.20 Aug/16
Botswana 2.60 Aug/16
Brazil 8.97 Aug/16
Brunei -0.70 Aug/16
Bulgaria -0.30 Aug/16
Burkina Faso -0.70 Jul/16
Burundi 6.60 Aug/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.10 Aug/16
Cape Verde -1.80 Aug/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad -1.10 Jul/16
Chile 3.40 Aug/16
China 1.30 Aug/16
Colombia 8.10 Aug/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.60 Aug/16
Croatia -1.50 Aug/16
Cuba 4.40 Dec/15
Cyprus -0.36 Aug/16
Czech Republic 0.60 Aug/16
Denmark 0.20 Aug/16
Djibouti 2.00 Jul/16
Dominican Republic 1.47 Aug/16
East Timor -1.60 Aug/16
Ecuador 1.42 Aug/16
Egypt 15.50 Aug/16
El Salvador 0.95 Aug/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.30 Aug/16
Ethiopia 5.90 Aug/16
Euro Area 0.20 Aug/16
European Union 0.30 Aug/16
Fiji 5.90 Aug/16
Finland 0.40 Aug/16
France 0.20 Aug/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 0.90 Aug/16
Germany 0.70 Sep/16
Ghana 16.90 Aug/16
Greece -0.90 Aug/16
Guatemala 4.74 Aug/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jul/16
Guyana 0.62 Jul/16
Haiti 12.90 Jul/16
Honduras 2.51 Aug/16
Hong Kong 4.30 Aug/16
Hungary -0.10 Aug/16
Iceland 1.80 Sep/16
India 5.05 Aug/16
Indonesia 2.79 Aug/16
Iran 9.40 Aug/16
Iraq -0.40 Jul/16
Ireland -0.10 Aug/16
Israel -0.70 Aug/16
Italy -0.10 Aug/16
Ivory Coast -0.40 Aug/16
Jamaica 1.80 Aug/16
Japan -0.40 Jul/16
Jordan -0.60 Aug/16
Kazakhstan 17.60 Aug/16
Kenya 6.26 Aug/16
Kosovo 0.00 Aug/16
Kuwait 2.90 Aug/16
Kyrgyzstan 0.50 Aug/16
Laos 1.97 Jul/16
Latvia 0.00 Aug/16
Lebanon -0.79 Aug/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
Namibia 6.80 Aug/16
Nepal 8.60 Aug/16
Netherlands 0.20 Aug/16
New Caledonia 0.80 Aug/16
New Zealand 0.40 Jun/16
Nicaragua 3.80 Aug/16
Niger 0.80 Aug/16
Nigeria 17.60 Aug/16
North Korea 55.00 Jul/13
Norway 4.00 Aug/16
Oman 1.34 Aug/16
Pakistan 3.56 Aug/16
Palestine 0.45 Aug/16
Panama 0.50 Aug/16
Papua New Guinea 6.50 Mar/16
Paraguay 3.20 Aug/16
Peru 2.94 Aug/16
Philippines 1.80 Aug/16
Poland -0.80 Aug/16
Portugal 0.70 Aug/16
Puerto Rico -1.40 Jul/16
Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
Sierra Leone 8.77 Mar/16
Singapore -0.30 Aug/16
Slovakia -0.80 Aug/16
Slovenia 0.00 Aug/16
Somalia -4.00 Dec/14
South Africa 5.90 Aug/16
South Korea 0.40 Aug/16
South Sudan 729.70 Aug/16
Spain 0.30 Sep/16
Sri Lanka 4.00 Aug/16
Sudan 18.15 Aug/16
Suriname 63.80 Jun/16
Swaziland 7.40 Jul/16
Sweden 1.10 Aug/16
Switzerland -0.10 Aug/16
Syria 48.09 Dec/15
Taiwan 0.57 Aug/16
Tajikistan 6.40 Aug/16
Tanzania 4.90 Aug/16
Thailand 0.29 Aug/16
Togo -1.40 Aug/16
Trinidad and Tobago 2.90 Jul/16
Tunisia 3.80 Aug/16
Turkey 8.05 Aug/16
Turkmenistan 7.00 Dec/15
Uganda 4.80 Aug/16
Ukraine 8.40 Aug/16
United Arab Emirates 1.76 Jul/16
United Kingdom 0.60 Aug/16
United States 1.10 Aug/16
Uruguay 9.37 Aug/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 3.34 Sep/16
Yemen 9.49 Nov/14
Zambia 18.90 Sep/16
Zimbabwe -1.43 Aug/16