Euro area annual inflation climbed to 3% in April 2026, the highest since September 2023, up from 2.6% in March and slightly above market expectations of 2.9%, according to a preliminary estimate. Energy costs soared 10.9%, the most since February 2023, driven by the Middle East conflict. Also, prices rose faster for non-energy industrial goods (0.8% vs 0.5%), and food, alcohol, and tobacco (2.5% vs 2.4%). On the other hand, services inflation slowed to 3.0%, from 3.2%. The core rate, excluding volatile energy, also cooled to 2.2% from 2.3%. Among the Eurozone’s largest economies, inflation accelerated in Germany (2.9% vs 2.8%), France (2.5% vs 2%), Italy (2.9% vs 1.6%) and Spain (3.5% vs 2.4%). source: EUROSTAT

Inflation Rate In the Euro Area increased to 3 percent in April from 2.60 percent in March of 2026. Inflation Rate in Euro Area averaged 2.25 percent from 1991 until 2026, reaching an all time high of 10.60 percent in October of 2022 and a record low of -0.60 percent in July of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Inflation Rate In the Euro Area increased to 3 percent in April from 2.60 percent in March of 2026. Inflation Rate in Euro Area is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-16 09:00 AM
Inflation Rate YoY Final
Mar 2.6% 1.9% 2.5% 2.5%
2026-04-30 09:00 AM
Inflation Rate YoY Flash
Apr 3% 2.6% 2.9% 2.9%
2026-05-20 09:00 AM
Inflation Rate YoY Final
Apr 2.6% 3% 3.0%

Components Last Previous Unit Reference
Core Consumer Prices 102.34 101.41 points Apr 2026
Core Inflation Rate YoY 2.20 2.30 percent Apr 2026
CPI Clothing and Footwear 102.62 93.85 points Mar 2026
CPI Education 102.85 102.55 points Mar 2026
CPI Food and Non-Alcoholic Beverages 101.55 101.46 points Mar 2026
CPI Housing Utilities 101.91 101.04 points Mar 2026
CPI Recreation and Culture 100.23 99.81 points Mar 2026
CPI Restaurants and Hotels 101.30 101.06 points Mar 2026
CPI Transportation 104.49 100.64 points Mar 2026
Energy Inflation 10.90 5.10 percent Apr 2026
Energy Prices 110.39 107.14 points Apr 2026
Food Inflation 2.20 2.40 percent Mar 2026
Rent Inflation 2.70 2.80 percent Mar 2026
Services Inflation 3.00 3.20 percent Apr 2026

Related Last Previous Unit Reference
CPI 103.05 101.99 points Apr 2026
Import Prices 111.20 110.20 points Feb 2026
Consumer Inflation Expectations 4.00 2.50 percent Mar 2026
Consumer Inflation Expectations 3Y 3.00 2.50 percent Mar 2026
Consumer Inflation Expectations 5Y 2.40 2.30 percent Mar 2026
Inflation Rate YoY 3.00 2.60 percent Apr 2026
Inflation Rate MoM 1.00 1.30 percent Apr 2026
Producer Prices 124.80 125.70 points Feb 2026
PPI YoY -3.00 -2.00 percent Feb 2026


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 (21 percent of the total weight), energy (11 percent), non-energy industrial goods (27 percent) and services (42 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.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.60 10.60 -0.60 1991 - 2026 percent Monthly

News Stream
Euro Area Inflation Rate Soars to 2023 High
Euro area annual inflation climbed to 3% in April 2026, the highest since September 2023, up from 2.6% in March and slightly above market expectations of 2.9%, according to a preliminary estimate. Energy costs soared 10.9%, the most since February 2023, driven by the Middle East conflict. Also, prices rose faster for non-energy industrial goods (0.8% vs 0.5%), and food, alcohol, and tobacco (2.5% vs 2.4%). On the other hand, services inflation slowed to 3.0%, from 3.2%. The core rate, excluding volatile energy, also cooled to 2.2% from 2.3%. Among the Eurozone’s largest economies, inflation accelerated in Germany (2.9% vs 2.8%), France (2.5% vs 2%), Italy (2.9% vs 1.6%) and Spain (3.5% vs 2.4%).
2026-04-30
Euro Area Inflation Rate Jumps More than Estimated
The Euro Area’s annual inflation rate was revised higher to 2.6% in March 2026, the highest level since July 2024, up from a preliminary estimate of 2.5% and accelerating from 1.9% in February. The increase was largely driven by energy, with prices rising 5.1%, the first annual gain in nearly a year and the strongest since February 2023, compared to the initial estimate of 4.9%, as the conflict with Iran pushed oil prices sharply higher. On the other hand, a slowdown was seen in inflation for services (3.2% vs 3.4%), non-energy industrial goods (0.5% vs 0.7%) and food, alcohol and tobacco (2.4% vs 2.5%). Annual core inflation also edged lower to 2.3% from 2.4%, matching the initial estimate. Compared to the previous month, the CPI jumped 1.3%, the most since October 2022. Considering the bloc's largest economies, inflation rose in Germany (2.8% vs 2%), France (2% vs 1.1%), Italy (1.6% vs 1.5%), Spain (3.4% vs 2.5%) and Netherlands (2.6% vs 2.3%).
2026-04-16
Eurozone Inflation Surges in March on Energy Shock
Euro area annual inflation climbed to 2.5% in March 2026, up from 1.9% in February and slightly below market expectations of 2.6%, according to a preliminary estimate. This marked the highest rate since January 2025, pushing inflation above the ECB’s 2% target as energy costs soared 4.9%, the first annual increase in nearly a year and the sharpest since February 2023, driven by the Middle East conflict. Meanwhile, price pressures eased in other sectors: services inflation slowed to 3.2% (from 3.4%), non-energy industrial goods fell to 0.5% (from 0.7%), and food, alcohol, and tobacco dipped to 2.4% (from 2.5%). The core rate, excluding volatile energy, also cooled to 2.3% from 2.4%. Among the Eurozone’s largest economies, inflation accelerated sharply in Germany (2.8% vs. 2.0%), France (1.9% vs. 1.1%), Spain (3.3% vs. 2.5%), and the Netherlands (2.6% vs. 2.3%), while Italy's rate remained stable at 1.5%.
2026-03-31