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

The inflation rate In the Euro Area was recorded at -0.10 percent in March of 2015. Inflation Rate in the Euro Area averaged 2.13 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.

      Forecast    
Euro Area Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -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. 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, April 18, 2015.


Euro Area Inflation Rate Confirmed at -0.1%


Eurozone consumer prices fell 0.1 percent year-on-year in March, slowing from a 0.3 percent drop in February and matching preliminary estimates. Monthly inflation accelerated to 1.1 percent, the highest in two years.

Year-on-year, the largest upward impacts came from restaurants & cafés (+0.11 percentage points), rents (+0.09 pp) and tobacco (+0.07 pp), while fuels for transport (-0.44 pp), heating oil (-0.16 pp) and telecommunications (-0.06 pp) had the biggest downward impacts. 

Annual core inflation rate which excludes prices of energy, food, alcohol and tobacco slowed to 0.6 percent from 0.7 percent in the previous month.

In the European Union, annual inflation was also -0.1 percent in March 2015, up from a revised -0.3 percent in February. The monthly rate increased to 0.9 percent from 0.6 percent in February.

In March 2015, negative annual rates were observed in twelve Member States. The lowest annual rates were registered in Greece (-1.9 percent), Cyprus (-1.4 percent), Poland (-1.2 percent), Bulgaria and Lithuania (both -1.1 percent). The highest annual rates were recorded in Austria (0.9 percent), Romania (0.8 percent) and Sweden (0.7 percent). Compared with February 2015, annual inflation fell in three Member States, remained stable in three and rose in twenty-two.

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
4/17/2015 10:17:18 AM


Recent Releases

Euro Area Price Decline Slows
Prices in the Eurozone are expected to fall only 0.1 percent year-on-year in March of 2015, easing from a 0.3 percent drop in February. Energy cost decreased at a slower pace while food prices increased. Published on 2015-03-31

Euro Area Inflation Rate Confirmed at -0.3%
Consumer prices in Euro Area declined by 0.3 percent in February, compared to a 0.6 percent fall in the previous month and matching preliminary estimates. Yet, core inflation edged up due to higher rent cost. Published on 2015-03-17


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-03-17 10:00 AM
Inflation Rate YoY Final  Feb
-0.3% -0.6% -0.3% -0.3%
2015-03-31 10:00 AM
Inflation Rate YoY Flash  Mar
-0.1% -0.3% -0.1% -0.07%
2015-04-17 10:00 AM
Inflation Rate YoY Final  Mar
-0.1% -0.3% -0.1% -0.1%
2015-04-30 10:00 AM
Inflation Rate YoY Flash  Apr
-0.1% -0.32%
2015-05-19 10:00 AM
Inflation Rate YoY Final  Apr
-0.1%
2015-06-02 10:00 AM
Inflation Rate YoY Flash  May
-0.38%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 -0.30 5.00 -0.70 percent [+]
Inflation Rate Mom 1.10 0.60 1.35 -1.60 percent [+]
Consumer Price Index CPI 118.09 116.78 118.31 83.22 Index Points [+]
Core Inflation Rate 0.60 0.70 2.60 0.60 percent [+]
Core Consumer Prices 112.40 111.77 113.90 85.54 Index Points [+]
GDP Deflator 105.00 104.80 105.00 76.60 Index Points [+]
Producer Prices 104.59 104.05 109.42 50.46 Index Points [+]
Producer Prices Change -2.80 -3.50 10.70 -8.10 percent [+]
Import Prices 102.90 102.70 104.90 95.60 Index Points [+]
Food Inflation 0.10 -0.50 6.80 -1.60 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]