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

The consumer price inflation in the Euro Area came in at 1.3 percent year-on-year in March 2018, slightly below the preliminary estimate of 1.4 percent and compared with 1.1 percent reported in the previous month. Prices of food, alcohol & tobacco rose less than initially thought. 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 March Inflation Rate Revised Lower to 1.3%


The consumer price inflation in the Euro Area came in at 1.3 percent year-on-year in March 2018, slightly below the preliminary estimate of 1.4 percent and compared with 1.1 percent reported in the previous month. Prices of food, alcohol & tobacco rose less than initially thought.

Food, alcohol and tobacco prices rose 2.1 percent in March, compared with a flash 2.2 percent and 1 percent in the previous month, as unprocessed food prices rebounded 0.8 percent (vs flash 0.9 percent and February's -0.9 percent) and processed food, alcohol and tobacco cost increased 2.9 percent (vs flash 3 percent and February's 2.3 percent). Also, services inflation picked up to 1.5 percent from 1.3 percent in the previous period. Meanwhile, prices rose at a softer pace for both non-energy industrial goods (0.2 percent vs 0.6 percent) and energy (2 percent vs 2.1 percent).

Among Eurozone's largest economies, the highest annual rate was registered in France (1.7 percent), followed by Germany (1.5 percent), Spain (1.3 percent) and Italy (0.9 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 confirmed at 1 percent in March, the same as in the previous month.

On a monthly basis, consumer prices rose 1 percent in March, following a 0.2 percent gain in February and matching market consensus.


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/18/2018 9:19:21 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-16 10:00 AM Inflation Rate YoY Final 1.1% 1.3% 1.2% 1.2%
2018-04-04 09:00 AM Inflation Rate YoY Flash 1.4% 1.1% 1.4% 1.4%
2018-04-18 09:00 AM Inflation Rate YoY Final 1.3% 1.1% 1.4% 1.4%
2018-05-03 09:00 AM Inflation Rate YoY Flash 1.3% 1.2%
2018-05-16 09:00 AM Inflation Rate YoY Final 1.3%
2018-05-31 09:00 AM Inflation Rate YoY Flash 1.3%


Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.30 1.10 5.00 -0.70 percent [+]
Inflation Rate Mom 1.00 0.20 1.35 -1.60 percent [+]
Consumer Price Index CPI 103.01 101.98 103.01 70.52 Index Points [+]
Core Consumer Prices 102.78 101.34 102.78 75.11 Index Points [+]
Core Inflation Rate 1.00 1.00 2.60 0.60 percent [+]
GDP Deflator 108.55 108.26 108.55 76.54 Index Points [+]
Producer Prices 102.50 102.40 105.20 49.00 Index Points [+]
Producer Prices Change 1.60 1.60 10.80 -8.20 percent [+]
Import Prices 100.10 100.00 104.80 96.00 Index Points [+]
Food Inflation 1.50 0.60 6.90 -1.60 percent [+]
CPI Housing Utilities 102.34 102.52 102.52 60.35 Index Points [+]
CPI Transportation 103.15 103.16 104.05 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.10 5.00 -0.70 1991 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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