Energy prices in the Euro Area surged 10.8% year-over-year in April 2026, the sharpest increase since February 2023, driven by Middle East conflict-related supply constraints. Energy Inflation in Euro area averaged 3.67 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 10.00 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.