Energy prices in the Euro Area rose 10.0% year-on-year in July 2026, following an 8.5% increase in June, amid a surge in crude oil prices as hostilities between the US and Iran resumed. Energy Inflation in Euro area averaged 3.71 percent from 1991 until 2026, reaching an all time high of 44.30 percent in March of 2022 and a record low of -14.40 percent in July of 2009. source: Eurostat
Energy Inflation in Euro area is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Energy Inflation is projected to trend around 1.90 percent in 2027 and 3.00 percent in 2028, according to our econometric models.