Euro Area Inflation Rate  1991-2016 | Data | Chart | Calendar | Forecast

Consumer prices in the Eurozone are expected to fall 0.1 percent year-on-year in May of 2016, following a 0.2 percent drop in April and in line with market expectations. Consumer prices failed to grow for the fourth straight month, preliminary figures showed. The inflation has been running well below the ECB’s target of just under 2 percent for the past three years Inflation Rate in the Euro Area averaged 2.03 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. Inflation Rate in the Euro Area is reported by the Eurostat.

Euro Area Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.20 5.00 -0.70 1991 - 2016 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 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-29 09:00 AM Apr -0.2% 0.0% -0.1% 0.1%
2016-05-18 09:00 AM Apr -0.2% 0.0% -0.2% -0.2%
2016-05-31 09:00 AM May -0.1% -0.2% -0.1% -0.1%
2016-06-16 09:00 AM May -0.2% -0.1% -0.1%
2016-06-30 09:00 AM Jun 0.1%
2016-07-15 09:00 AM Jun

Euro Area Stuck in Deflation for 4th Month


Consumer prices in the Eurozone are expected to fall 0.1 percent year-on-year in May of 2016, following a 0.2 percent drop in April and in line with market expectations. Consumer prices failed to grow for the fourth straight month, preliminary figures showed. The inflation has been running well below the ECB’s target of just under 2 percent for the past three years.

Services is expected to have the highest annual rate (1.0 percent compared with 0.9 percent in April), followed by food, alcohol & tobacco (0.8 percent, stable compared with April) and nonenergy industrial goods (0.5 percent, stable compared with April).

In contrast, energy prices are expected to fall at a slightly slower 8.1 percent compared with an 8.7 percent drop in April.

Annual core inflation which excludes energy, food, alcohol and tobacco is expected to accelerate slightly to 0.8 percent from 0.7 percent in April. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
5/31/2016 10:20:46 AM

Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 -0.20 5.00 -0.70 percent [+]
Inflation Rate Mom 0.00 1.20 1.35 -1.60 percent [+]
Consumer Price Index CPI 100.14 100.10 100.61 70.52 Index Points [+]
Core Consumer Prices 100.98 101.01 101.01 75.11 Index Points [+]
Core Inflation Rate 0.80 0.70 2.60 0.60 percent [+]
GDP Deflator 106.40 106.00 106.40 76.70 Index Points [+]
Producer Prices 100.51 100.21 109.44 50.60 Index Points [+]
Producer Prices Change -4.20 -4.20 10.70 -8.10 percent [+]
Import Prices 101.45 101.45 104.80 96.00 Index Points [+]
Food Inflation 0.60 0.60 6.90 -1.60 percent [+]
Cpi Transportation 97.79 97.12 104.05 66.00 Index Points [+]




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Laos 1.13 Mar/16
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Lesotho 6.60 Feb/16
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Libya 10.10 Nov/15
Liechtenstein -0.40 Apr/16
Lithuania 1.00 Apr/16
Luxembourg 0.07 Apr/16
Macau 3.02 Apr/16
Macedonia -0.70 Apr/16
Madagascar 6.00 Mar/16
Malawi 20.10 Apr/16
Malaysia 2.10 Apr/16
Maldives 1.40 Mar/16
Mali -2.50 Apr/16
Malta 0.80 Apr/16
Mauritania 0.90 Apr/16
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Mexico 2.54 Apr/16
Moldova 8.30 Apr/16
Mongolia 2.10 Apr/16
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Morocco 1.60 Apr/16
Mozambique 17.29 Apr/16
Myanmar 15.19 Sep/15
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Republic of the Congo 3.70 Apr/15
Romania -3.30 Apr/16
Russia 7.30 Apr/16
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Serbia 0.40 Apr/16
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