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

Consumer prices in the Euro Area increased 1.9 percent year-on-year in April of 2017, matching initial estimates and higher than 1.5 percent in March. Fuels, heating oil and package holidays had the largest upward effects. Excluding energy, food, alcohol and tobacco, the inflation increased to 1.2 percent from 0.7 percent and excluding energy only, it went up to 1.3 percent from 0.9 percent. 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)
2017-04-19 09:00 AM Mar 1.5% 2% 1.5% 1.5%
2017-04-28 09:00 AM Apr 1.9% 1.5% 1.8% 1.9%
2017-05-17 09:00 AM Apr 1.9% 1.5% 1.9% 1.9%
2017-05-31 09:00 AM May 1.9% 1.96%
2017-06-16 09:00 AM May 1.9%
2017-06-30 09:00 AM Jun 2.03%




Euro Area Inflation Rate Confirmed At 1.9%


Consumer prices in the Euro Area increased 1.9 percent year-on-year in April of 2017, matching initial estimates and higher than 1.5 percent in March. Fuels, heating oil and package holidays had the largest upward effects. Excluding energy, food, alcohol and tobacco, the inflation increased to 1.2 percent from 0.7 percent and excluding energy only, it went up to 1.3 percent from 0.9 percent.

The largest upward impacts came from fuels for transport (prices rose 11.2 percent), package holidays (9.8 percent) and heating oil (21.2 percent), while telecommunication (prices down 1.4 percent), garments (prices edged up 0.2 percent) and bread & cereals (prices down 0.1 percent) had the biggest downward impacts.

The highest annual rates were recorded in Estonia (3.6 percent), Lithuania (3.5 percent) and Latvia (3.3 percent) and the lowest in Ireland (0.7 percent) and Slovakia (0.8 percent). The inflation rose in Germany (2 percent from 1.5 percent in March), Italy (2 percent from 1.4 percent) and Spain (2.6 percent from 2.1 percent) but was steady in France at 1.4 percent. 

Considering the whole European Union, the inflation rate went up to 2 percent from 1.6 percent in March. 

On a monthly basis, consumer prices rose 0.4 percent in both the Euro Area and the European Union. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
5/17/2017 9:10:54 AM



Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 1.50 5.00 -0.70 percent [+]
Inflation Rate Mom 0.40 0.80 1.35 -1.60 percent [+]
Consumer Price Index CPI 102.04 101.65 102.04 70.52 Index Points [+]
Core Consumer Prices 102.25 101.73 102.25 75.11 Index Points [+]
Core Inflation Rate 1.20 0.70 2.60 0.60 percent [+]
GDP Deflator 107.08 106.68 107.08 76.61 Index Points [+]
Producer Prices 104.50 104.80 109.40 50.70 Index Points [+]
Producer Prices Change 3.90 4.50 10.70 -8.10 percent [+]
Import Prices 104.30 104.00 104.80 96.00 Index Points [+]
Food Inflation 1.30 1.70 6.90 -1.60 percent [+]
Cpi Housing Utilities 100.82 100.73 100.94 60.35 Index Points [+]
Cpi Transportation 102.47 101.46 104.05 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.50 5.00 -0.70 1991 - 2017 percent Monthly



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.20 Mar/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 2.60 Apr/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17