Euro Area Inflation Rate 1991-2015 | Data | Chart | Calendar | Forecast

The inflation rate In the Euro Area was recorded at 0.20 percent in June of 2015. Inflation Rate in the Euro Area averaged 2.11 percent from 1991 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 5.00 -0.70 1991 - 2015 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. Content for - Euro Area Inflation Rate - was last refreshed on Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-02 10:00 AM May 0.3% 0.0% 0.2% 0.1%
2015-06-17 10:00 AM May 0.3% 0.0% 0.3% 0.3%
2015-06-30 10:00 AM Jun 0.2% 0.3% 0.2% 0.2%
2015-07-16 10:00 AM Jun 0.3% 0.2% 0.2%
2015-07-31 10:00 AM Jul -0.13%
2015-08-14 10:00 AM Jul


Euro Area Inflation Rate Slows in June


The inflation rate in the Eurozone is expected to be 0.2 percent in June, in line with market expectations but slowing from 0.3 percent in May, due to a steeper drop in energy prices.

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (1.2 percent, stable compared with May), followed by services (1.0 percent, compared with 1.3 percent in May), non-energy industrial goods (0.4 percent, compared with 0.2 percent in May) and energy (-5.1 percent, compared with -4.8 percent in May). 

Core inflation rate which excludes prices of energy, food, alcohol and tobacco is expected to slow to 0.8 percent from 0.9 percent in May. 

Excluding energy, consumer prices rose 0.9 percent, less than 1 percent in the previous month.

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
6/30/2015 10:12:33 AM


Recent Releases

Euro Area Inflation Rate Confirmed at 0.3%
Consumer prices in the Eurozone increased 0.3 percent year-on-year in May of 2015, up from 0 percent in April and in line with flash estimates. It is the first increase in six months, final figures confirmed.
Published on 2015-06-17

Euro Area Inflation Rate at 6-Month High
Euro area annual inflation is expected to be 0.3 percent in May 2015, the highest since November last year and above market expectations. Cost of services and unprocessed food were the main contributors to the rise in the CPI, flash estimates showed.
Published on 2015-06-02

Euro Area Inflation Rate Flat in April
Consumer prices in the Eurozone were unchanged year-on-year in April after falling in the previous four months and matching preliminary estimates. Monthly inflation slowed to 0.2 percent.
Published on 2015-05-19

Euro Area Deflation Ends
Prices in the Eurozone are expected to be flat in the year to April after four months of deflation. Food prices rose while energy cost fell at a slower pace.
Published on 2015-04-30


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.30 5.00 -0.70 percent [+]
Inflation Rate Mom 0.20 0.20 1.35 -1.60 percent [+]
Consumer Price Index CPI 118.66 118.40 118.66 83.22 Index Points [+]
Core Inflation Rate 0.80 0.90 2.60 0.60 percent [+]
Core Consumer Prices 114.41 114.25 114.41 85.54 Index Points [+]
GDP Deflator 105.30 104.90 105.30 76.60 Index Points [+]
Producer Prices 104.81 104.76 109.42 50.46 Index Points [+]
Producer Prices Change -2.00 -2.20 10.70 -8.10 percent [+]
Import Prices 104.00 103.80 104.80 95.60 Index Points [+]
Food Inflation 0.90 0.60 6.80 -1.60 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Mar/15 1.70 23.90 -1.30 percent [+]
Brazil 8.47 May/15 8.17 6821.31 1.65 percent [+]
Canada 0.90 May/15 0.80 21.60 -17.80 percent [+]
China 1.20 May/15 1.50 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 May/15 0.10 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.01 May/15 4.87 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.10 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.88 May/15 3.06 179.73 2.88 percent [+]
Netherlands 1.10 May/15 0.60 11.19 -1.30 percent [+]
Russia 15.80 May/15 16.40 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.20 May/15 -1.10 11.92 -1.37 percent [+]
Turkey 7.20 Jun/15 8.09 138.71 -4.01 percent [+]
United Kingdom 0.10 May/15 -0.10 8.50 -0.10 percent [+]
United States 0.00 May/15 -0.20 23.70 -15.80 percent [+]