Euro Area Inflation Rate

Last Release

Feb 28, 2025

Actual

2.3

Units In

2.5

Frequency

Monthly

Next Release

Apr 01, 2025

Time to Release

11 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
10.6 Oct 2022	-0.6 Jul 2009	2.25 %	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

The Euro Area's consumer price inflation rate eased to 2.3% in February 2025, slightly below the preliminary estimate of 2.4% and down from a six-month high of 2.5% in January. Despite the decline, inflation remains above the European Central Bank's 2% target. Price growth slowed for services (3.7% vs. 3.9% in January) and energy (0.2% vs. 1.9%) but accelerated for unprocessed food (3.0% vs. 1.4%) and non-energy industrial goods (0.6% vs. 0.5%). Meanwhile, core inflation, which excludes volatile food and energy prices, fell to 2.6%, its lowest level since January 2022. On a monthly basis, consumer prices rose by 0.4% in February, rebounding from a 0.3% decline in January.