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

Consumer prices in the Euro Area increased 1.4 percent year-on-year in October of 2017, below 1.5 percent in September and in line with preliminary estimates. It is the lowest rate in 3 months. Inflation Rate in the Euro Area averaged 1.98 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Euro Area Inflation Rate Confirmed at 1.4%


Consumer prices in the Euro Area increased 1.4 percent year-on-year in October of 2017, below 1.5 percent in September and in line with preliminary estimates. It is the lowest rate in 3 months.

A slowdown was seen for energy (3 percent compared to 3.9 percent in September); non-energy industrial goods (0.4 percent compared to 0.5 percent) and services (1.2 percent compared to 1.5 percent). On the other hand, prices increased more for food, alcohol and tobacco (2.3 percent compared to 1.9 percent). 

Annual core inflation, which excludes cost of energy, food, alcohol and tobacco was 0.9 percent, down from 1.1 percent in September and matching earlier figures. Excluding energy only, inflation edged down to 1.2 percent from 1.3 percent. 

On a monthly basis, consumer prices increased 0.1 percent. 

Eurostat |Joana Taborda | joana.taborda@tradingeconomics.com
11/16/2017 11:42:19 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-17 09:00 AM Inflation Rate YoY Final 1.5% 1.5% 1.5% 1.5%
2017-10-31 10:00 AM Inflation Rate YoY Flash 1.4% 1.5% 1.4% 1.6%
2017-11-16 10:00 AM Inflation Rate YoY Final 1.4% 1.5% 1.4% 1.4%
2017-11-30 10:00 AM Inflation Rate YoY Flash 1.4% 1.7%
2017-12-18 10:00 AM Inflation Rate YoY Final 1.4%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.50 5.00 -0.70 percent [+]
Inflation Rate Mom 0.10 0.40 1.35 -1.60 percent [+]
Consumer Price Index CPI 102.24 102.15 102.24 70.52 Index Points [+]
Core Consumer Prices 102.37 102.48 102.48 75.11 Index Points [+]
Core Inflation Rate 0.90 1.10 2.60 0.60 percent [+]
GDP Deflator 107.67 107.26 107.67 76.59 Index Points [+]
Producer Prices 104.90 104.30 109.40 50.70 Index Points [+]
Producer Prices Change 2.90 2.50 10.70 -8.10 percent [+]
Import Prices 103.10 103.00 104.80 96.00 Index Points [+]
Food Inflation 2.40 1.80 6.90 -1.60 percent [+]
CPI Housing Utilities 101.29 100.91 101.29 60.35 Index Points [+]
CPI Transportation 101.79 101.84 104.05 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.50 5.00 -0.70 1991 - 2017 percent Monthly




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.70 Oct/17
Canada 1.40 Oct/17
China 1.90 Oct/17
Euro Area 1.40 Oct/17
France 1.10 Oct/17
Germany 1.60 Oct/17
India 3.58 Oct/17
Indonesia 3.58 Oct/17
Italy 1.00 Oct/17
Japan 0.70 Sep/17
Mexico 6.37 Oct/17
Netherlands 1.30 Oct/17
Russia 2.70 Oct/17
South Korea 1.80 Oct/17
Spain 1.60 Oct/17
Switzerland 0.70 Oct/17
Turkey 11.90 Oct/17
United Kingdom 3.00 Oct/17
United States 2.00 Oct/17