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

Consumer prices in the Euro Area dropped 0.2 percent on the year in April of 2016, after showing no growth in the previous month, according to preliminary estimates. The figure came in worse than an expected 0.1 percent fall, as energy prices continued to weigh on inflation. Inflation Rate in the Euro Area averaged 2.04 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
-0.20 0.00 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)
2016-03-31 09:00 AM Mar -0.1% -0.2% -0.1% 0%
2016-04-14 09:00 AM Mar 0.0% -0.2% -0.1% -0.1%
2016-04-29 09:00 AM Apr -0.2% 0.0% -0.1% 0.1%
2016-05-18 09:00 AM Apr 0.0% -0.2% -0.2%
2016-05-31 09:00 AM May 0.2%
2016-06-16 09:00 AM May

Euro Area Consumer Prices Fall 0.2% in April


Consumer prices in the Euro Area dropped 0.2 percent on the year in April of 2016, after showing no growth in the previous month, according to preliminary estimates. The figure came in worse than an expected 0.1 percent fall, as energy prices continued to weigh on inflation.

Looking at the main components of euro area inflation, energy prices are expected to decline at the same pace as in the previous month (-8.6 percent, compared with -8.7 percent in March); while, cost of services is expected to grow at a lower rate (+0.9 percent, slowing from +1.4 percent in March), followed by food, alcohol & tobacco (+0.8 percent, stable compared with March) and non-energy industrial goods (0.5 percent, stable compared with March). 

Core inflation rate, which excludes prices of energy, food, alcohol and tobacco is expected to ease to 0.7 percent compared to 1 percent in the previous month. 

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/29/2016 5:41:31 PM

Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 0.00 5.00 -0.70 percent [+]
Inflation Rate Mom 1.20 0.20 1.35 -1.60 percent [+]
Consumer Price Index CPI 100.10 98.88 100.61 70.52 Index Points [+]
Core Consumer Prices 101.01 99.46 101.01 75.11 Index Points [+]
Core Inflation Rate 0.70 1.00 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 101.48 102.08 104.80 96.00 Index Points [+]
Food Inflation 0.60 0.40 6.90 -1.60 percent [+]
Cpi Transportation 97.12 96.38 104.05 66.00 Index Points [+]




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Lesotho 6.60 Feb/16
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Lithuania 1.20 Mar/16
Luxembourg 0.07 Apr/16
Macau 3.31 Mar/16
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Malaysia 2.60 Mar/16
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