Euro Area Inflation Rate

The inflation rate In the Euro Area was recorded at 1.20 percent in April of 2013. Inflation Rate In the Euro Area is reported by the Eurostat. Historically, from 1991 until 2013, Euro Area Inflation Rate averaged 2.26 Percent reaching an all time high of 5 Percent in July of 1991 and a record low of -0.70 Percent in July of 2009. 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 includes a chart with historical data for Euro Area Inflation Rate.

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Euro Area Inflation Rate
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Euro Area Inflation Rate Confirmed at 1.2% in April
Eurostat | Nuno Fontes | nuno@tradingeconomics.com  |  5/16/2013 10:06:21 AM


Euro area annual inflation was 1.2 percent in April 2013, down from 1.7 percent in March. A year earlier the rate was 2.6 percent. Monthly inflation was -0.1 percent in April 2013. European Union annual inflation was 1.4 percent in April 2013, down from 1.9 percent in March. A year earlier the rate was 2.7 percent. Monthly inflation was 0.0 percent in April 2013.

In April 2013, the lowest annual rates were observed in Greece (-0.6 percent), Latvia (-0.4 percent) and Sweden (0.0 percent), and the highest in Romania (4.4 percent), Estonia (3.4 percent) and the Netherlands (2.8 percent). Compared with March 2013, annual inflation fell in twenty-four Member States, remained stable in one and rose in one. The lowest 12-month average rates up to April 2013 were registered in Greece (0.4 percent), Sweden (0.8 percent) and Latvia (1.3 percent), and the highest in Hungary (4.6 percent), Romania (4.1 percent) and Estonia (4.0 percent). 
 
The largest upward impacts to euro area annual inflation came from electricity (+0.11 percentage points), meat and fruit (+0.07 each), while fuels for transport (-0.32), telecommunications (-0.19) and package holidays (-0.11) had the biggest downward impacts.

ARCHIVE
Euro Area Inflation Rate Down to 1.2% in April Euro area annual inflation is expected to be 1.2 percent in April 2013, down from 1.7 percent in March, according to a flash estimate from Eurostat. 2013-04-30
Euro Area Inflation Rate Down to 2.0 Percent in January Euro area annual inflation was 2.0 percent in January 2013, down from 2.2 percent in December 2012. A year earlier the rate was 2.7 percent. Monthly inflation was -1.0 percent in January 2013. The EU annual inflation was 2.1 percent in January 2013, down from 2.3 percent in December 2012. Monthly inflation was -0.8 percent in January 2013. 2013-02-28
Euro Area Inflation Rate Down to 1.7% in March Euro Area annual inflation was 1.7 percent in March 2013, down from 1.8 percent in February. A year earlier the rate was 2.7 percent. Monthly inflation was 1.2 percent in March 2013. European Union annual inflation was 1.9 percent in March 2013, down from 2.0 percent in February. A year earlier the rate was 2.9 percent. Monthly inflation was 0.9 percent in March 2013. 2013-04-16
Euro Area Inflation Rate Down to 2.0 Percent in January Euro area annual inflation is expected to be 2.0 percent in January 2013, down from 2.2 percent in December 2012, according to a flash estimate from Eurostat, the statistical office of the European Union. 2013-02-01
Euro Area Inflation rate Down to 1.7% in March Euro area annual inflation is expected to be 1.7 percent in March 2013, down from 1.8 percent in February, according to a flash estimate from Eurostat, the statistical office of the European Union. 2013-04-03
Euro Area Inflation Stable at 2.2% in December Euro area annual inflation was 2.2% in December 2012, the same as in November. A year earlier the rate was 2.7%. Monthly inflation was 0.4% in December 2012. 2013-01-16
Euro Area Inflation Rate Down to 1.8 Percent in February Euro Area annual inflation was 1.8 percent in February 2013, down from 2.0 percent in January. A year earlier the rate was 2.7 percent. Monthly inflation was 0.4 percent in February 2013. European Union annual inflation was 2.0 percent in February 2013, down from 2.1 percent in January. A year earlier the rate was 2.9 percent. 2013-03-15
Euro Area Inflation At 2.2% in December Euro area annual inflation is expected to be 2.2% in December 2012, the same as in November, according to a flash estimate from Eurostat, the statistical office of the European Union. 2013-01-04
Euro Area Inflation Rate Down to 1.8 Percent in February Euro area annual inflation is expected to be 1.8 percent in February 2013, down from 2.0 percent in January, according to a flash estimate from Eurostat, the statistical office of the European Union. 2013-03-01



Inflation Rate | Notes

The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.






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