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

The inflation rate In the Euro Area was recorded at 0.30 percent in November of 2014. Inflation Rate in the Euro Area averaged 2.16 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.

      Forecast    
Euro Area Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.30 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 Monday, December 22, 2014.


Euro Area Inflation Rate Confirmed at 0.3%


Euro area annual inflation slowed to 0.3 percent in November from 0.4 percent in October, matching preliminary estimates and driven by a fall in energy prices.

The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.09 percentage points), rents (+0.08 pp) and tobacco (+0.06 pp), while fuels for transport (-0.22 pp), telecommunications and heating oil (-0.09 pp each) had the biggest downward impacts.

On a monthly basis, consumer prices fell 0.2 percent.

Annual core inflation rate remained steady at 0.7 percent.

The European Union annual inflation was 0.4 percent in November 2014, down from 0.5 percent in October. Negative annual rates were observed in Bulgaria (-1.9 percent), Greece (-1.2 percent), Spain (-0.5 percent) and Poland (-0.3 percent). The highest annual rates were recorded in Romania and Austria (both 1.5 percent) and Finland (1.1 percent). Compared with October 2014, annual inflation fell in sixteen Member States, remained stable in five and rose in six.

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
12/17/2014 10:20:56 AM


Recent Releases

Euro Area Inflation Rate Dips in November
Eurozone annual inflation is expected to be 0.3 percent in November of 2014, down from 0.4 percent in October. Flash estimates from the Eurostat showed energy prices fell further. Published on 2014-11-28

Euro Area Inflation Rate Up 0.4% in October
Prices in the Euro Area went up by 0.4 percent in October of 2014 compared with the same month a year earlier. The highest inflation rates were reported in Austria, Finland and Germany while Greece and Spain remained in deflation. Published on 2014-11-14


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-14 10:00 AM
Inflation Rate YoY - Final  Oct
0.4% 0.4% 0.4% 0.4%
2014-11-28 10:00 AM
Inflation Rate YoY Flash  Nov
0.3% 0.4% 0.3% 0.23%
2014-12-17 10:00 AM
Inflation Rate YoY - Final  Nov
0.3% 0.4% 0.3% 0.3%
2015-01-07 10:00 AM
Inflation Rate YoY Flash  Dec
0.3% 0.24%
2015-01-16 10:00 AM
Inflation Rate YoY Final  Dec
0.3%
2015-01-30 10:00 AM
Inflation Rate YoY Flash  Jan
0.14%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.40 5.00 -0.70 percent [+]
Inflation Rate Mom -0.20 0.00 1.35 -1.11 percent [+]
Consumer Price Index CPI 117.91 118.12 118.31 83.22 Index Points [+]
Core Inflation Rate 0.70 0.70 2.60 0.70 percent [+]
Core Consumer Prices 113.48 113.57 113.57 85.54 Index Points [+]
GDP Deflator 104.70 104.50 113.10 82.30 Index Points [+]
Producer Prices 106.56 106.95 109.42 50.46 Index Points [+]
Producer Prices Change -1.30 -1.40 10.70 -8.10 percent [+]
Import Prices 102.40 102.30 104.90 95.60 Index Points [+]
Food Inflation 0.00 0.10 6.80 -1.60 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.00 Nov/14 2.40 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]