Euro Area Inflation Rate  1991-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in the Euro Area was confirmed at 2 percent in August 2018, slightly below the previous month's five-and-a-half-year high of 2.1 percent, as prices rose at a softer pace for services, energy, non-energy industrial goods and unprocessed food. Inflation Rate in the Euro Area averaged 1.97 percent from 1991 until 2018, 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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Eurozone August Inflation Rate Confirmed at 2%


The annual inflation rate in the Euro Area was confirmed at 2 percent in August 2018, slightly below the previous month's five-and-a-half-year high of 2.1 percent, as prices rose at a softer pace for services, energy, non-energy industrial goods and unprocessed food.

Prices rose at a softer pace for services (1.3 percent vs 1.4 percent in July); energy (9.2 percent vs 9.5 percent); non-energy industrial goods (0.4 percent vs 0.5 percent); and unprocessed food (2.5 percent vs 2.6 percent). Meanwhile, processed food, alcohol & tobacco inflation was unchanged at 2.4 percent.

Among Eurozone's largest economies, the highest annual rate was registered in France (2.6 percent), followed by Spain (2.2 percent), Germany (1.9 percent) and Italy (1.6 percent). 

Annual core inflation, which excludes volatile prices of energy, food, alcohol and tobacco and at which the ECB looks in its policy decisions, was also confirmed at 1 percent in August, below the previous month's final reading of 1.1 percent.

On a monthly basis, consumer prices rose 0.2 percent in August, rebounding from a 0.3 percent fall in July and matching market consensus.


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/17/2018 9:16:48 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 09:00 AM Inflation Rate YoY Final 2.1% 2% 2.1% 2.1%
2018-08-31 09:00 AM Inflation Rate YoY Flash 2% 2.1% 2.1% 2.1%
2018-09-17 09:00 AM Inflation Rate YoY Final 2% 2.1% 2% 2%
2018-09-28 09:00 AM Inflation Rate YoY Flash 2% 2.1% 2.2%
2018-10-17 09:00 AM Inflation Rate YoY Final 2%
2018-10-31 10:00 AM Inflation Rate YoY Flash 2%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.10 5.00 -0.70 percent [+]
Inflation Rate Mom 0.20 -0.30 1.35 -1.60 percent [+]
Consumer Price Index CPI 103.78 103.61 103.95 70.52 Index Points [+]
Core Consumer Prices 103.02 102.85 103.37 75.11 Index Points [+]
Core Inflation Rate 1.00 1.10 2.60 0.60 percent [+]
GDP Deflator 109.27 108.83 109.27 76.57 Index Points [+]
Producer Prices 104.10 103.70 105.20 49.00 Index Points [+]
Producer Prices Change 4.00 3.60 10.80 -8.20 percent [+]
Import Prices 100.90 100.90 104.80 96.00 Index Points [+]
Food Inflation 1.90 2.00 6.90 -1.60 percent [+]
CPI Housing Utilities 103.62 103.43 103.62 60.35 Index Points [+]
CPI Transportation 107.22 106.59 107.22 66.00 Index Points [+]


Euro Area Inflation Rate

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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.10 5.00 -0.70 1991 - 2018 percent Monthly




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


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