Euro Area Inflation Rate 1991-2014 | Data | Chart | Calendar | Forecast

The inflation rate In the Euro Area was recorded at 0.40 percent in August of 2014. Inflation Rate in the Euro Area averaged 2.18 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.

   
 
 

Euro Area Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 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. Content for - Euro Area Inflation Rate - was last refreshed on Saturday, September 20, 2014.


Euro Area Inflation Rate Revised Up to 0.4%


Euro Area annual inflation was 0.4 percent in August, the same rate recorded in July and up from a preliminary estimate of 0.3 percent. The largest upward pressure came from prices of restaurants and cafes.

In August 2014, negative annual rates were observed in Bulgaria (-1.0 percent), Spain (-0.5 percent), Estonia, Greece, Italy, and Slovakia (all -0.2 percent), Poland and Portugal (both -0.1 percent). The highest annual rates were recorded in Austria and the United Kingdom (both 1.5 percent), Romania (1.3 percent) and Finland (1.2 percent). Compared with July 2014, annual inflation fell in seventeen Member States, remained stable in two and rose in nine.

The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.08 percentage points), rents (+0.07) and maintenance of vehicles (+0.05), while fuels for transport (-0.17), fruit (-0.12) and telecommunications (-0.11) had the biggest downward impacts.

Monthly inflation was 0.1 percent in August.  

Core inflation rate, which strips out prices of food, energy, alcohol and tobacco accelerated to 0.9 percent from 0.8 percent in July, matching the preliminary estimate. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
9/17/2014 10:20:40 AM


Recent Releases

Euro Area Inflation Rate Continues to Slow
Euro area annual inflation is expected to be 0.3 percent in August, down from 0.4 percent in July, according to a flash estimate from Eurostat. It is the lowest rate since October of 2009. Published on 2014-08-29

Euro Area Inflation Confirmed at 5-Year Low in July
In July, Euro Area annual inflation was 0.4 percent, down from 0.5 percent in June and 1.6 percent in July of 2013. This is the lowest annual inflation rate since October 2009. Published on 2014-08-14


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 0.4% 0.5% 0.4%
2014-08-29 10:00 AM Euro Area
Inflation Rate YoY
Aug 2014 0.3% 0.4% 0.3% 0.28%
2014-09-17 10:00 AM Euro Area
Inflation Rate YoY - Final
Aug 2014 0.4% 0.4% 0.3% 0.3%
2014-09-30 10:00 AM Euro Area
Inflation Rate YoY
Sep 2014 0.4% 0.23%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.40 5.00 -0.70 Percent [+]
Inflation Rate Mom 0.10 -0.65 1.35 -1.11 Percent [+]
Consumer Price Index CPI 117.68 117.54 118.31 83.22 Index Points [+]
Core Inflation Rate 0.90 0.80 2.60 0.70 Percent [+]
Core Consumer Prices 112.94 112.57 113.52 85.54 Index Points [+]
Gdp Deflator 113.20 112.60 113.20 82.30 Index Points [+]
Producer Prices 107.10 107.25 109.42 50.46 Index Points [+]
Producer Prices Change -1.10 -0.80 10.70 -8.10 Percent [+]
Import Prices 101.90 101.70 104.90 95.60 Index Points [+]
Food Inflation -0.90 -1.00 6.80 -1.60 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Aug/14 2.10 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 1.70 Aug/14 2.00 23.70 -15.80 Percent [+]





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