Euro Area Inflation Rate

The inflation rate In the Euro Area was recorded at 0.40 percent in July of 2014. Inflation Rate in the Euro Area averaged 2.19 Percent from 1991 until 2014, 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.

   
 
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Euro Area Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.50 5.00 -0.70 1991 - 2014 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 - Euro Area Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


Euro Zone Inflation Drops to Near 5-Year Low


Consumer prices in Euro Area rose by 0.4 percent on the year in July, the weakest annual increase since October 2009, according to a flash estimate from Eurostat.

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in July (1.3%, stable compared with June), followed by non-energy industrial goods (0.0%, compared with -0.1% in June),  food, alcohol & tobacco (-0.3%, compared with -0.2% in June) and energy (-1.0%, compared with 0.1% in June).

Eurostat | anna@tradingeconomics.com
7/31/2014 10:12:20 AM


Recent Releases

Euro Area Inflation Rate Confirmed at 0.5%
Euro area annual inflation was 0.5 percent in June 2014, stable compared with May, but lower than 1.6 percent a year earlier. Monthly inflation was 0.1 percent in June. Published on 2014-07-17

Euro Area Inflation Rate Stable in June
Euro area annual inflation is expected to be 0.5 percent in June of 2014, stable compared with May. While food prices fell, cost of services and energy accelerated. Published on 2014-06-30


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-16 10:00 AM Euro Area
Inflation Rate YoY - Final
May 2014 0.5% 0.7% 0.5% 0.5%
2014-06-30 10:00 AM Euro Area
Inflation Rate YoY
Jun 2014 0.5% 0.5% 0.5% 0.41%
2014-07-17 10:00 AM Euro Area
Inflation Rate YoY - Final
Jun 2014 0.5% 0.5% 0.5% 0.5%
2014-07-31 10:00 AM Euro Area
Inflation Rate YoY
Jul 2014 0.4% 0.5% 0.5% 0.45%
2014-08-14 10:00 AM Euro Area
Inflation Rate YoY - Final
Jul 2014 0.5%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.50 5.00 -0.70 Percent [+]
Inflation Rate Mom 0.11 -0.11 1.35 -1.11 Percent [+]
Consumer Price Index (cpi) 118.31 118.18 118.31 83.22 Index Points [+]
Core Inflation Rate 0.80 0.80 2.60 0.70 Percent [+]
Core Consumer Prices 113.52 113.37 113.52 85.54 Index Points [+]
Gdp Deflator 113.20 112.60 113.20 82.30 Index Points [+]
Producer Prices 107.04 107.18 109.42 50.46 Index Points [+]
Producer Prices Change -1.00 -1.20 10.70 -8.10 Percent [+]
Import Prices 101.70 101.60 104.90 95.60 Index Points [+]
Food Inflation -0.20 0.10 6.20 -0.40 Percent [+]





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