Euro Area Inflation Rate

Last Release

Nov 30, 2025

Actual

2.2

Units In

2.1

Frequency

Monthly

Next Release

Jan 07, 2026

Time to Release

1 Months 3 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
10.6 Oct 2022	-0.6 Jul 2009	2.24 %	1991-2025	Eurostat

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.

Latest Updates

Euro area consumer price inflation rose to 2.2% in November 2025, up from 2.1% in October and slightly above market expectations of 2.1%, according to a preliminary estimate. Services inflation accelerated to 3.5% from 3.4%, marking its highest level since April, while energy prices declined at a slower pace (-0.5% versus -0.9% in October). Inflation remained unchanged for both non-energy industrial goods (0.6%) and food, alcohol, and tobacco (2.5%). Core inflation, which excludes energy, food, alcohol, and tobacco, held steady at 2.4%, slightly below the forecast of 2.5%. Among Europe’s largest economies, Germany saw its inflation rate accelerate to 2.6%, the highest since February and above the ECB’s 2% target. In contrast, Spain’s HICP eased slightly to 3.1% from 3.2%, and the Netherlands’ rate fell to 2.6% from 3.0%. Meanwhile, inflation in France and Italy remained well below target, at 0.8% and 1.1%, respectively.