The Consumer Price Index in European Union decreased 0.40 percent in January of 2026 over the previous month. Inflation Rate MoM in European Union averaged 0.19 percent from 1996 until 2026, reaching an all time high of 2.40 percent in March of 2022 and a record low of -1.30 percent in January of 2015. source: EUROSTAT

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	100.38	100.73	points	Jan 2026
Core Consumer Prices	100.07	100.94	points	Jan 2026
Core Inflation Rate	2.40	2.50	percent	Jan 2026
CPI Housing Utilities	101.36	100.70	points	Jan 2026
CPI Transportation	99.72	100.50	points	Jan 2026
Food Inflation	2.90	2.80	percent	Jan 2026
GDP Deflator	123.49	122.23	points	Dec 2025
Inflation Rate	2.00	2.30	percent	Jan 2026
Inflation Rate MoM	-0.40	0.10	percent	Jan 2026
Producer Prices	127.30	126.30	points	Jan 2026
Producer Prices Change	-1.90	-1.90	percent	Jan 2026

European Union Inflation Rate MoM

In the European Union, 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 and non-alcoholic beverages (17% of the total weight); Housing, water, electricity, gas and other fuels (15%); Transport (15%); Miscellaneous goods and services (10%); Restaurants and hotels (10%); and Recreation and culture (9%). Other categories include Furnishings, household equipment and routine household maintenance (7%); Health (5%); Clothing and footwear (5%). Alcoholic beverages, tobacco and narcotics, Communications and Education account for the remaining 8%. 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.