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

Consumer prices in the Euro Area increased 2 percent year-on-year in February of 2017, up from 1.8 percent in January and in line with preliminary figures. It is the highest inflation rate since January of 2013, due to a rise in energy prices. Inflation Rate in the Euro Area averaged 2 percent from 1991 until 2017, 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
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-22 10:00 AM Jan 1.8% 1.1% 1.8% 1.8%
2017-03-02 10:00 AM Feb 2% 1.8% 2% 2.1%
2017-03-16 10:00 AM Feb 2% 1.8% 2% 2%
2017-03-31 09:00 AM Mar 2% 2.2%
2017-04-19 09:00 AM Mar 2%
2017-04-28 09:00 AM Apr 2.04%




Euro Area Inflation Rate Confirmed At 4-Year High Of 2%


Consumer prices in the Euro Area increased 2 percent year-on-year in February of 2017, up from 1.8 percent in January and in line with preliminary figures. It is the highest inflation rate since January of 2013, due to a rise in energy prices.

The largest upward impacts came from fuels for transport (prices rose 16.7 percent), vegetables (16.2 percent) and heating oil (30 percent). In contrast, biggest downward pressure came from telecommunication (-1.1 percent), garments (-0.1 percent) and gas (-1.3 percent). 

By country, the highest annual rates were recorded in Estonia (3.4 percent from 2.8 percent in February), Belgium (3.3 percent from 3.1 percent), Latvia (3.2 percent from 2.9 percent) and Lithuania (3.2 percent from 2.5 percent). Inflation also accelerated in Germany (2.2 percent from 1.9 percent) and Italy (1.6 percent from 1 percent) but slowed in France (1.4 percent from 1.6 percent). 

Excluding energy, food, alcohol and tobacco, consumer prices increased 0.9 percent, the same as in the previous two months. Excluding energy only, prices went up at a faster 1.2 percent (1.1 percent in January).

The monthly inflation rate was 0.4 percent, compared to -0.8 percent in January.

Considering the European Union, prices rose 0.3 percent on the month (-0.6 percent in January) and 1.9 percent on the year (1.7 percent in January).

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
3/16/2017 10:28:13 AM



Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 1.80 5.00 -0.70 percent [+]
Inflation Rate Mom 0.40 -0.80 1.35 -1.60 percent [+]
Consumer Price Index CPI 100.84 100.46 101.31 70.52 Index Points [+]
Core Consumer Prices 100.33 99.98 101.72 75.11 Index Points [+]
Core Inflation Rate 0.90 0.90 2.60 0.60 percent [+]
GDP Deflator 107.08 106.68 107.08 76.61 Index Points [+]
Producer Prices 104.40 103.70 109.44 50.60 Index Points [+]
Producer Prices Change 3.50 1.60 10.70 -8.10 percent [+]
Import Prices 103.40 103.10 104.80 96.00 Index Points [+]
Food Inflation 2.70 1.80 6.90 -1.60 percent [+]
Cpi Transportation 101.59 101.14 104.05 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.80 5.00 -0.70 1991 - 2017 percent Monthly



Last
Afghanistan 4.10 Feb/17
Albania 2.20 Feb/17
Algeria 8.21 Jan/17
Angola 39.45 Feb/17
Argentina 40.50 Apr/16
Armenia -0.20 Feb/17
Aruba -0.40 Jan/17
Australia 1.50 Dec/16
Austria 2.20 Feb/17
Azerbaijan 12.50 Feb/17
Bahamas 0.80 Dec/16
Bahrain 0.40 Feb/17
Bangladesh 5.30 Feb/17
Barbados 0.00 Sep/16
Belarus 7.00 Feb/17
Belgium 2.97 Feb/17
Belize 0.90 Jan/17
Benin -0.90 Jan/17
Bhutan 3.71 Dec/16
Bolivia 3.46 Feb/17
Bosnia and Herzegovina 0.70 Jan/17
Botswana 3.40 Feb/17
Brazil 4.76 Feb/17
Brunei -0.20 Feb/17
Bulgaria 1.70 Feb/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.87 Dec/16
Cameroon 0.55 Sep/17
Canada 2.10 Jan/17
Cape Verde -1.30 Jan/17
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.70 Feb/17
China 0.80 Feb/17
Colombia 5.18 Feb/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 1.09 Feb/17
Croatia 1.40 Feb/17
Cuba 4.50 Dec/16
Cyprus 1.70 Feb/17
Czech Republic 2.50 Feb/17
Denmark 1.00 Feb/17
Djibouti 2.40 Dec/16
Dominican Republic 3.34 Feb/17
East Timor -0.30 Jan/17
Ecuador 0.96 Feb/17
Egypt 30.20 Feb/17
El Salvador 0.29 Feb/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 3.40 Feb/17
Ethiopia 7.00 Feb/17
Euro Area 2.00 Feb/17
European Union 1.90 Feb/17
Fiji 5.50 Feb/17
Finland 1.20 Feb/17
France 1.20 Feb/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 5.50 Feb/17
Germany 2.20 Feb/17
Ghana 13.20 Feb/17
Greece 1.30 Feb/17
Guatemala 3.96 Feb/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.84 Feb/17
Hong Kong -0.10 Feb/17
Hungary 2.90 Feb/17
Iceland 1.90 Feb/17
India 3.65 Feb/17
Indonesia 3.83 Feb/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.50 Feb/17
Israel 0.40 Feb/17
Italy 1.60 Feb/17
Ivory Coast 1.50 Feb/17
Jamaica 3.60 Feb/17
Japan 0.40 Jan/17
Jordan 4.60 Feb/17
Kazakhstan 7.80 Feb/17
Kenya 9.04 Feb/17
Kosovo 1.70 Feb/17
Kuwait 3.29 Jan/17
Kyrgyzstan 1.30 Feb/17
Laos 2.27 Jan/17
Latvia 3.30 Feb/17
Lebanon 4.93 Feb/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.60 Feb/17
Lithuania 3.00 Feb/17
Luxembourg 1.80 Feb/17
Macau 0.37 Feb/17
Macedonia 0.20 Feb/17
Madagascar 7.00 Dec/16
Malawi 16.10 Feb/17
Malaysia 3.20 Jan/17
Maldives 2.00 Jan/17
Mali -0.80 Dec/16
Malta 1.20 Feb/17
Mauritania 2.80 Dec/16
Mauritius 1.30 Feb/17
Mexico 4.86 Feb/17
Moldova 4.70 Feb/17
Mongolia 2.10 Feb/17
Montenegro 2.50 Feb/17
Morocco 1.60 Feb/17
Mozambique 20.88 Feb/17
Myanmar 11.19 Jun/16
Namibia 7.80 Feb/17
Nepal 3.20 Jan/17
Netherlands 1.80 Feb/17
New Caledonia 0.90 Jan/17
New Zealand 1.30 Dec/16
Nicaragua 3.69 Feb/17
Niger -2.20 Dec/16
Nigeria 17.78 Feb/17
North Korea 55.00 Jul/13
Norway 2.50 Feb/17
Oman 2.38 Feb/17
Pakistan 4.22 Feb/17
Palestine 0.62 Feb/17
Panama 1.90 Feb/17
Papua New Guinea 6.80 Sep/16
Paraguay 2.30 Feb/17
Peru 3.25 Feb/17
Philippines 3.30 Feb/17
Poland 2.20 Feb/17
Portugal 1.60 Feb/17
Puerto Rico 0.70 Jan/17
Qatar 0.70 Feb/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Feb/17
Russia 4.60 Feb/17
Rwanda 13.40 Feb/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.10 Feb/17
Senegal 2.00 Feb/17
Serbia 3.20 Feb/17
Seychelles -0.60 Feb/17
Sierra Leone 15.26 Nov/16
Singapore 0.70 Feb/17
Slovakia 1.20 Feb/17
Slovenia 2.20 Feb/17
Somalia -4.00 Dec/14
South Africa 6.30 Feb/17
South Korea 1.90 Feb/17
South Sudan 479.70 Dec/16
Spain 3.00 Feb/17
Sri Lanka 6.80 Feb/17
Sudan 32.86 Jan/17
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.80 Feb/17
Switzerland 0.60 Feb/17
Syria 51.10 Aug/16
Taiwan -0.04 Feb/17
Tajikistan 5.30 Jan/17
Tanzania 5.50 Feb/17
Thailand 1.44 Feb/17
Togo -1.40 Jan/17
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Feb/17
Turkey 10.13 Feb/17
Turkmenistan 6.17 Dec/16
Uganda 6.70 Feb/17
Ukraine 14.20 Feb/17
United Arab Emirates 2.30 Jan/17
United Kingdom 2.30 Feb/17
United States 2.70 Feb/17
Uruguay 7.10 Feb/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.02 Feb/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe 0.06 Feb/17