Euro Area Inflation Rate

Last Release

Mar 31, 2025

Actual

2.2

Units In

2.3

Frequency

Monthly

Next Release

May 02, 2025

Time to Release

15 Days 12 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 annual inflation rate in the Eurozone slowed to 2.2% in March 2025 from 2.3% in February, in line with the preliminary estimate. Energy prices resumed their decline, falling 1% after a modest 0.2% increase in the previous month. Meanwhile, inflation slowed slightly for services (3.5% vs 3.7%) and steadied for non-energy industrial goods (at 0.6%) but accelerated for food, alcohol and tobacco (2.9% vs 2.7%). Among the bloc's largest economies, inflation eased in Germany (2.3% vs 2.6%), Spain (2.2% vs 2.9%), the Netherlands (3.4% vs 3.5%), and Belgium (3.6% vs 4.4%), but steadied in France (at 0.9%) and accelerated in Italy (2.1% vs 1.7%). Annual core inflation which excludes prices for energy, food, alcohol & tobacco, eased to 2.4%, the lowest rate since October 2021, from 2.6% in February and also in line with the preliminary figure.