overview
euro area According to preliminary figures, the annual inflation rate is expected to be 2.6% in February 2024, down from 2.8% in January. Eurostat, Statistical Office of the European Union.
Looking at the main components of inflation in the euro area, February's annual rate was highest for food, alcohol and tobacco (4.0% compared to 5.6% in January), followed by services (4.0% in January). 3.9%). ), non-energy industrial products (1.6% compared to 2.0% in January), energy (-3.7% compared to -6.1% in January).
table
|
Eurozone annual inflation rate and its components (%) |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Weight (percent) |
annual rate |
Monthly fee |
|||||||
|
2024 |
February 23rd |
September 23rd |
October 23rd |
November 23rd |
December 23rd |
January 24th |
February 24th |
February 24th |
|
|
All items HICP |
1000.0 |
8.5 |
4.3 |
2.9 |
2.4 |
2.9 |
2.8 |
2.6e |
0.6e |
|
All items except: energy |
900.9 |
7.8 |
5.5 |
4.9 |
4.3 |
4.0 |
3.8 |
3.3e |
0.5e |
|
energy, raw food |
857.4 |
7.4 |
5.5 |
5.0 |
4.2 |
3.9 |
3.6 |
3.3e |
0.6e |
|
energy, food, alcohol, tobacco |
706.2 |
5.6 |
4.5 |
4.2 |
3.6 |
3.4 |
3.3 |
3.1e |
0.7e |
|
food, alcohol, tobacco |
194.7 |
15.0 |
8.8 |
7.4 |
6.9 |
6.1 |
5.6 |
4.0e |
0.1e |
|
processed foods, alcohol, tobacco |
151.2 |
15.4 |
9.4 |
8.4 |
7.1 |
5.9 |
5.2 |
4.5e |
0.4e |
|
raw food |
43.5 |
13.9 |
6.6 |
4.5 |
6.3 |
6.8 |
6.9 |
2.2e |
-1.0e |
|
energy |
99.1 |
13.7 |
-4.6 |
-11.2 |
-11.5 |
-6.7 |
-6.1 |
-3.7e |
1.5e |
|
Non-energy industrial products |
257.3 |
6.8 |
4.1 |
3.5 |
2.9 |
2.5 |
2.0 |
1.6e |
0.3e |
|
service |
448.8 |
4.8 |
4.7 |
4.6 |
4.0 |
4.0 |
4.0 |
3.9e |
0.8e |
|
estimate
|
|||||||||
|
Inflation rate measured by HICP (%) |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
annual rate |
monthly rate |
||||||
|
February 23rd |
September 23rd |
October 23rd |
November 23rd |
December 23rd |
January 24th |
February 24th |
February 24th |
|
|
Belgium |
5.4 |
0.7 |
-1.7 |
-0.8 |
0.5 |
1.5 |
3.6e |
2.4e |
|
Germany |
9.3 |
4.3 |
3.0 |
2.3 |
3.8 |
3.1 |
2.7e |
0.6e |
|
estonia |
17.8 |
3.9 |
5.0 |
4.1 |
4.3 |
5.0 |
4.4e |
0.1e |
|
Ireland |
8.1 |
5.0 |
3.6 |
2.5 |
3.2 |
2.7 |
2.2e |
0.9e |
|
Greece |
6.5 |
2.4 |
3.8 |
2.9 |
3.7 |
3.2 |
3.2e |
0.1e |
|
Spain |
6.0 |
3.3 |
3.5 |
3.3 |
3.3 |
3.5 |
2.9e |
0.4e |
|
France |
7.3 |
5.7 |
4.5 |
3.9 |
4.1 |
3.4 |
3.1e |
0.9e |
|
Croatia |
11.7 |
7.4 |
6.7 |
5.5 |
5.4 |
4.8 |
4.8e |
0.3e |
|
Italy |
9.8 |
5.6 |
1.8 |
0.6 |
0.5 |
0.9 |
0.9e |
0.1e |
|
cyprus |
6.7 |
4.3 |
3.6 |
2.4 |
1.9 |
2.1 |
2.2e |
0.9e |
|
latvia |
20.1 |
3.6 |
2.3 |
1.1 |
0.9 |
1.1 |
0.7e |
0.2e |
|
Lithuania |
17.2 |
4.1 |
3.1 |
2.3 |
1.6 |
1.1 |
1.1e |
0.7e |
|
Luxembourg |
4.8 |
3.4 |
2.1 |
2.1 |
3.2 |
3.0 |
3.2e |
1.7e |
|
malta |
7.0 |
4.9 |
4.2 |
3.9 |
3.7 |
3.7 |
3.1e |
0.3e |
|
Netherlands |
8.9 |
-0.3 |
-1.0 |
1.4 |
1.0 |
3.1 |
2.7e |
0.9e |
|
Austria |
11.0 |
5.8 |
4.9 |
4.9 |
5.7 |
4.3 |
4.2e |
0.7e |
|
Portugal |
8.6 |
4.8 |
3.2 |
2.2 |
1.9 |
2.5 |
2.3e |
0.2e |
|
Slovenia |
9.4 |
7.1 |
6.6 |
4.5 |
3.8 |
3.4 |
3.4e |
0.6e |
|
Slovakia |
15.4 |
9.0 |
7.8 |
6.9 |
6.6 |
4.4 |
3.7e |
0.4e |
|
Finland |
8.0 |
3.0 |
2.4 |
0.7 |
1.3 |
1.1 |
1.2e |
0.8e |
|
estimate Source dataset: prc_hicp_manr
|
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Note to users
Revision and schedule
Eurozone inflation updates are published at the end of each reference month.
The complete set of harmonized consumer price indexes (HICP) for the euro area, EU and member states is published around the middle of the month following the reference month.
The next release with complete data is scheduled for March 18, 2024.
Method and definition
annual inflation The change in the price level of consumer goods and services between the current month and the same month of the previous year. monthly inflation Change in price level between the current month and the previous month.
geographic information
of euro area It consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia, and Finland.
Eurozone data refers to the composition of countries at a particular point in time. Changes in the composition of the euro area are incorporated using the linkage index formula.
