Euro Area Inflation Rate  1991-2017 | Data | Chart | Calendar | Forecast

Eurozone's consumer prices increased by 1.1 percent year-on-year in December 2016, following a 0.6 percent gain in the previous month and in line with the preliminary estimate. It was the highest inflation rate since September 2013, mainly boosted by rising prices of fuels. The highest annual rates were recorded in Estonia (+2.4 percent), Belgium (+2.2 percent), the Czech Republic and Latvia (both +2.1 percent). By contrast, negative annual rates were observed in Bulgaria (-0.5 percent), Ireland (-0.2 percent) and Romania (-0.1 percent). In the full year 2016, the average CPI rose 0.2 percent after showing no growth in 2015. Inflation Rate in the Euro Area averaged 2 percent from 1991 until 2016, reaching an all time high of 5 percent in July of 1991 and a record low of -0.70 percent in July of 2009.

Euro Area Inflation Rate
Receive the next reported value for Euro Area Inflation Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-16 10:00 AM Nov 0.6% 0.5% 0.6% 0.6%
2017-01-04 10:00 AM Dec 1.1% 0.6% 1% 0.9%
2017-01-18 10:00 AM Dec 1.1% 0.6% 1.1% 1.1%
2017-01-31 10:00 AM Jan 1.1% 1.18%
2017-02-22 10:00 AM Jan 1.1% 1.18%
2017-03-02 10:00 AM Feb 1.22%




Eurozone Inflation Rate Confirmed At Nearly 3-Year High


Eurozone's consumer prices increased by 1.1 percent year-on-year in December 2016, following a 0.6 percent gain in the previous month and in line with the preliminary estimate. It was the highest inflation rate since September 2013, mainly boosted by rising prices of fuels.

The largest upward impacts to euro area annual inflation came from fuels for transport (+0.21 percentage points), vegetables (+0.07 pp) and heating oil (+0.05 pp), while gas (-0.10 pp), telecommunications (-0.05 pp) and personal care products (-0.04 pp) had the biggest downward impacts.

The highest annual rates were recorded in Estonia (2.4 percent), Belgium (2.2 percent), the Czech Republic and Latvia (both 2.1 percent). By contrast, negative annual rates were observed in Bulgaria (-0.5 percent), Ireland (-0.2 percent) and Romania (-0.1 percent).

Core inflation which excludes energy, food, alcohol and tobacco was recorded at 0.9 percent compared with 0.8 percent in November. Excluding energy only, the inflation rate rose to 1 percent from 0.8 percent in the previous month.  

On a monthly basis, consumer prices increased by 0.5 percent after falling by 0.1 percent in November, in line with market expectations.

In the full year 2016, the average CPI rose 0.2 percent after showing no growth in 2015.

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/18/2017 10:22:45 AM



Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 0.60 5.00 -0.70 percent [+]
Inflation Rate Mom 0.50 -0.10 1.35 -1.60 percent [+]
Consumer Price Index CPI 101.31 100.76 101.31 70.52 Index Points [+]
Core Consumer Prices 101.72 101.28 101.72 75.11 Index Points [+]
Core Inflation Rate 0.90 0.80 2.60 0.60 percent [+]
GDP Deflator 106.64 106.56 106.64 76.64 Index Points [+]
Producer Prices 103.00 102.70 109.44 50.60 Index Points [+]
Producer Prices Change 0.10 -0.40 10.70 -8.10 percent [+]
Import Prices 102.60 102.00 104.80 96.00 Index Points [+]
Food Inflation 1.10 0.40 6.90 -1.60 percent [+]
Cpi Transportation 100.49 99.21 104.05 66.00 Index Points [+]



Euro Area Inflation Rate Notes

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 the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.60 5.00 -0.70 1991 - 2016 percent Monthly



Last
Afghanistan 4.60 Nov/16
Albania 2.20 Dec/16
Algeria 7.31 Nov/16
Angola 41.95 Dec/16
Argentina 40.50 Apr/16
Armenia -1.10 Dec/16
Aruba -0.30 Dec/16
Australia 1.30 Sep/16
Austria 1.40 Dec/16
Azerbaijan 12.40 Dec/16
Bahamas -0.33 Jun/16
Bahrain 1.90 Nov/16
Bangladesh 5.03 Dec/16
Barbados -0.98 May/16
Belarus 10.60 Dec/16
Belgium 2.03 Dec/16
Belize 0.70 Oct/16
Benin -2.80 Nov/16
Bhutan 2.82 Sep/16
Bolivia 4.00 Dec/16
Bosnia and Herzegovina -0.40 Dec/16
Botswana 3.00 Dec/16
Brazil 6.29 Dec/16
Brunei -0.80 Nov/16
Bulgaria 0.10 Dec/16
Burkina Faso -1.80 Nov/16
Burundi 9.60 Dec/16
Cambodia 3.35 Oct/16
Cameroon 0.55 Sep/17
Canada 1.50 Dec/16
Cape Verde -1.30 Nov/16
Cayman Islands 0.50 Sep/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.70 Dec/16
China 2.10 Dec/16
Colombia 5.75 Dec/16
Comoros 1.40 Dec/14
Congo 11.20 Dec/16
Costa Rica 0.77 Dec/16
Croatia 0.20 Dec/16
Cuba 4.50 Dec/16
Cyprus -0.30 Dec/16
Czech Republic 2.00 Dec/16
Denmark 0.50 Dec/16
Djibouti 3.65 Nov/16
Dominican Republic 1.70 Dec/16
East Timor 0.00 Dec/16
Ecuador 1.12 Dec/16
Egypt 23.30 Dec/16
El Salvador -0.94 Dec/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.20 Dec/16
Ethiopia 6.70 Dec/16
Euro Area 1.10 Dec/16
European Union 1.20 Dec/16
Fiji 3.90 Dec/16
Finland 1.00 Dec/16
France 0.60 Dec/16
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 1.80 Dec/16
Germany 1.70 Dec/16
Ghana 15.40 Dec/16
Greece 0.00 Dec/16
Guatemala 4.23 Dec/16
Guinea 8.60 Nov/16
Guinea Bissau 0.70 Nov/16
Guyana 0.80 Sep/16
Haiti 14.20 Nov/16
Honduras 3.04 Nov/16
Hong Kong 1.20 Nov/16
Hungary 1.80 Dec/16
Iceland 1.90 Dec/16
India 3.41 Dec/16
Indonesia 3.02 Dec/16
Iran 9.10 Nov/16
Iraq 0.20 Oct/16
Ireland 0.00 Dec/16
Israel -0.20 Dec/16
Italy 0.50 Dec/16
Ivory Coast -0.20 Dec/16
Jamaica 1.70 Dec/16
Japan 0.50 Nov/16
Jordan 0.80 Dec/16
Kazakhstan 8.50 Dec/16
Kenya 6.35 Dec/16
Kosovo 1.30 Dec/16
Kuwait 3.40 Nov/16
Kyrgyzstan -0.50 Dec/16
Laos 2.09 Nov/16
Latvia 2.20 Dec/16
Lebanon 1.78 Nov/16
Lesotho 5.70 Nov/16
Liberia 8.50 Sep/16
Libya 27.40 Jun/16
Liechtenstein 0.00 Dec/16
Lithuania 1.70 Dec/16
Luxembourg 1.10 Dec/16
Macau 1.44 Dec/16
Macedonia -0.20 Dec/16
Madagascar 6.60 Nov/16
Malawi 20.00 Dec/16
Malaysia 1.80 Dec/16
Maldives 1.20 Oct/16
Mali -0.70 Nov/16
Malta 1.00 Dec/16
Mauritania 2.70 Nov/16
Mauritius 2.30 Dec/16
Mexico 3.36 Dec/16
Moldova 2.40 Dec/16
Mongolia 1.10 Dec/16
Montenegro 0.90 Dec/16
Morocco 1.80 Dec/16
Mozambique 25.27 Dec/16
Myanmar 10.89 Apr/16
Namibia 7.30 Dec/16
Nepal 4.80 Nov/16
Netherlands 1.00 Dec/16
New Caledonia -0.10 Nov/16
New Zealand 0.40 Sep/16
Nicaragua 3.10 Dec/16
Niger -1.90 Nov/16
Nigeria 18.55 Dec/16
North Korea 55.00 Jul/13
Norway 3.50 Dec/16
Oman 1.13 Dec/16
Pakistan 3.70 Dec/16
Palestine -1.05 Dec/16
Panama 1.50 Dec/16
Papua New Guinea 6.80 Jun/16
Paraguay 3.90 Dec/16
Peru 3.23 Dec/16
Philippines 2.60 Dec/16
Poland 0.80 Dec/16
Portugal 0.90 Dec/16
Puerto Rico 0.00 Nov/16
Qatar 1.80 Dec/16
Republic of the Congo 3.70 Apr/15
Romania -0.54 Dec/16
Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
Sao Tome and Principe 6.20 Nov/16
Saudi Arabia 2.30 Nov/16
Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
Seychelles -0.20 Dec/16
Sierra Leone 15.26 Nov/16
Singapore 0.00 Nov/16
Slovakia 0.20 Dec/16
Slovenia 0.50 Dec/16
Somalia -4.00 Dec/14
South Africa 6.80 Dec/16
South Korea 1.30 Dec/16
South Sudan 479.70 Dec/16
Spain 1.60 Dec/16
Sri Lanka 4.10 Dec/16
Sudan 30.47 Dec/16
Suriname 55.50 Nov/16
Swaziland 8.20 Oct/16
Sweden 1.70 Dec/16
Switzerland 0.00 Dec/16
Syria 44.50 May/16
Taiwan 1.70 Dec/16
Tajikistan 6.10 Dec/16
Tanzania 5.00 Dec/16
Thailand 1.13 Dec/16
Togo 0.40 Dec/16
Trinidad and Tobago 2.60 Oct/16
Tunisia 4.20 Dec/16
Turkey 8.53 Dec/16
Turkmenistan 7.00 Dec/15
Uganda 5.70 Dec/16
Ukraine 12.40 Dec/16
United Arab Emirates 1.90 Oct/16
United Kingdom 1.60 Dec/16
United States 2.10 Dec/16
Uruguay 8.10 Dec/16
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 4.74 Dec/16
Yemen 9.49 Nov/14
Zambia 7.50 Dec/16
Zimbabwe -0.93 Dec/16