Euro Area Inflation Rate

The inflation rate In the Euro Area was recorded at 0.50 percent in June of 2014. Inflation Rate in the Euro Area averaged 2.19 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.

   
 
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Euro Area Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 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.


Euro Area Inflation Rate Confirmed at 0.5%


Euro area annual inflation was 0.5 percent in June 2014, stable compared with May, but lower than 1.6 percent a year earlier. Monthly inflation was 0.1 percent in June.

European Union annual inflation was 0.7 percent in June 2014, up from 0.6 percent in May. A year earlier the rate was 1.7 percent. Monthly inflation was 0.1 percent in June 2014. 

In June 2014, negative annual rates were observed in Bulgaria (-1.8 percent), Greece (-1.5 percent), Portugal (-0.2 percent), Hungary and Slovakia (both -0.1 percent). The highest annual rates were recorded in the United Kingdom (1.9 percent), Austria (1.7 percent) and Luxembourg (1.2 percent). Compared with May 2014, annual inflation fell in ten Member States, remained stable in four and rose in fourteen. 

The largest upward impacts to euro area annual inflation came from tobacco (+0.08 percentage points), restaurants & cafés (+0.07 pp) and rents (+0.06 pp), while vegetables (-0.14 pp), telecommunications and fruit (-0.11 pp each) had the biggest downward impacts.

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
7/17/2014 10:12:56 AM


Recent Releases

Euro Area Inflation Rate Stable in June
Euro area annual inflation is expected to be 0.5 percent in June of 2014, stable compared with May. While food prices fell, cost of services and energy accelerated. Published on 2014-06-30

Euro Area Inflation Slowdown Confirmed in May
Euro area annual inflation was 0.5 percent in May of 2014, down from 0.7 percent in April and unchanged from the preliminary estimates. A year earlier the inflation rate was 1.4 percent. Published on 2014-06-16


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-03 10:00 AM Euro Area
Inflation Rate YoY
May 2014 0.5% 0.7% 0.7% 0.7%
2014-06-16 10:00 AM Euro Area
Inflation Rate YoY - Final
May 2014 0.5% 0.7% 0.5% 0.5%
2014-06-30 10:00 AM Euro Area
Inflation Rate YoY
Jun 2014 0.5% 0.5% 0.5% 0.41%
2014-07-17 10:00 AM Euro Area
Inflation Rate YoY - Final
Jun 2014 0.5% 0.5% 0.5% 0.5%
2014-07-31 10:00 AM Euro Area
Inflation Rate YoY
Jul 2014 0.5% 0.5% 0.34%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.50 5.00 -0.70 Percent [+]
Inflation Rate Mom 0.11 -0.11 1.35 -1.11 Percent [+]
Consumer Price Index (cpi) 118.31 118.18 118.31 83.22 Index Points [+]
Core Inflation Rate 0.80 0.70 2.60 0.70 Percent [+]
Core Consumer Prices 113.52 113.37 113.52 85.54 Index Points [+]
Gdp Deflator 113.20 112.60 113.20 82.30 Index Points [+]
Producer Prices 107.04 107.18 109.42 50.46 Index Points [+]
Producer Prices Change -1.00 -1.20 10.70 -8.10 Percent [+]
Import Prices 101.70 101.60 104.90 95.60 Index Points [+]
Food Inflation -0.20 0.10 6.20 -0.40 Percent [+]





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