Euro Area Inflation Rate 1991-2014 | Data | Chart | Calendar | Forecast

The inflation rate In the Euro Area was recorded at 0.40 percent in October of 2014. Inflation Rate in the Euro Area averaged 2.17 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
0.40 0.30 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. Content for - Euro Area Inflation Rate - was last refreshed on Monday, November 24, 2014.


Euro Area Inflation Rate Up 0.4% in October


Prices in the Euro Area went up by 0.4 percent in October of 2014 compared with the same month a year earlier. The highest inflation rates were reported in Austria, Finland and Germany while Greece and Spain remained in deflation.

The largest upward pressure in the euro area annual inflation came from restaurants & cafés (+0.08 percentage points), rents (+0.07 pp) and tobacco (+0.05 pp), while fuels for transport (-0.17 pp), telecommunications (-0.10 pp) and heating oil (-0.09 pp) had the biggest downward impacts.

European Union annual inflation was 0.5% in October 2014, up from 0.4% in September. A year earlier the rate was 0.9%.

In October 2014, negative annual rates were observed in Greece (-1.8%), Bulgaria (-1.5%), Hungary and Poland (both -0.3%) and Spain (-0.2%). The highest annual rates were recorded in Romania (1.8%), Austria (1.4%) and Finland (1.2%).

Compared with September 2014, annual inflation fell in eight Member States, remained stable in three and rose in sixteen.

Eurostat | anna@tradingeconomics.com
11/14/2014 11:04:59 AM


Recent Releases

Euro Area Inflation Rate Accelerates Slightly in October
Euro area annual inflation is expected to be 0.4 percent in October of 2014, up from 0.3 percent in September, according to a flash estimate from Eurostat. Yet, core inflation rate slowed for the second straight month. Published on 2014-10-31

Euro Area Inflation Rate Down to 5-Year Low in September
Euro Area annual inflation was 0.3 percent in September, down from 0.4 percent in August. This is the lowest rate recorded since October 2009. In September 2013 the rate was 1.1 percent. Published on 2014-10-16


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-16 10:00 AM
Inflation Rate YoY - Final  Sep 2014
0.3% 0.4% 0.3% 0.3%
2014-10-31 10:00 AM
Inflation Rate YoY  Oct 2014
0.4% 0.3% 0.4% 0.26%
2014-11-14 10:00 AM
Inflation Rate YoY - Final  Oct 2014
0.4% 0.4% 0.4% 0.4%
2014-11-28 10:00 AM
Inflation Rate YoY Flash  Nov 2014
0.4% 0.3% 0.23%
2014-12-17 10:00 AM
Inflation Rate YoY - Final  Nov 2014
0.4%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.30 5.00 -0.70 percent [+]
Inflation Rate Mom 0.00 0.40 1.35 -1.11 percent [+]
Consumer Price Index CPI 118.12 118.19 118.31 83.22 Index Points [+]
Core Inflation Rate 0.70 0.80 2.60 0.70 percent [+]
Core Consumer Prices 113.57 113.56 113.57 85.54 Index Points [+]
GDP Deflator 113.30 113.10 113.30 82.30 Index Points [+]
Producer Prices 106.93 106.75 109.42 50.46 Index Points [+]
Producer Prices Change -1.40 -1.40 10.70 -8.10 percent [+]
Import Prices 102.40 102.20 104.90 95.60 Index Points [+]
Food Inflation 0.10 -0.20 6.80 -1.60 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.59 Oct/14 6.75 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.60 Oct/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.40 Oct/14 0.30 5.00 -0.70 percent [+]
France 0.50 Oct/14 0.30 18.80 -0.70 percent [+]
Germany 0.80 Oct/14 0.80 11.54 -7.62 percent [+]
India 5.52 Oct/14 6.46 11.16 5.52 percent [+]
Indonesia 4.83 Oct/14 4.53 82.40 -1.17 percent [+]
Italy 0.10 Oct/14 -0.20 25.64 -2.44 percent [+]
Japan 3.20 Sep/14 3.30 25.00 -2.52 percent [+]
Mexico 4.30 Oct/14 4.22 179.73 2.91 percent [+]
Netherlands 1.10 Oct/14 0.90 11.19 -1.30 percent [+]
Russia 8.30 Oct/14 8.00 2333.30 3.60 percent [+]
South Korea 1.20 Oct/14 1.10 32.50 0.20 percent [+]
Spain -0.10 Oct/14 -0.20 28.43 -1.37 percent [+]
Switzerland 0.00 Oct/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.96 Oct/14 8.86 138.71 -4.01 percent [+]
United Kingdom 1.30 Oct/14 1.20 8.50 0.50 percent [+]
United States 1.70 Oct/14 1.70 23.70 -15.80 percent [+]