Euro Area Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Euro Area inflation rate for 2023 was 5.78%, a 2.69% decline from 2022.
- Euro Area inflation rate for 2022 was 8.47%, a 5.98% increase from 2021.
- Euro Area inflation rate for 2021 was 2.49%, a 2.3% increase from 2020.
- Euro Area inflation rate for 2020 was 0.19%, a 1.25% decline from 2019.
| Euro Area Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
5.78% |
-2.69% |
| 2022 |
8.47% |
5.98% |
| 2021 |
2.49% |
2.30% |
| 2020 |
0.19% |
-1.25% |
| 2019 |
1.44% |
-0.25% |
| 2018 |
1.69% |
0.31% |
| 2017 |
1.38% |
1.21% |
| 2016 |
0.17% |
0.25% |
| 2015 |
-0.09% |
-0.31% |
| 2014 |
0.22% |
-1.09% |
| 2013 |
1.31% |
-1.23% |
| 2012 |
2.54% |
-0.75% |
| 2011 |
3.29% |
1.77% |
| 2010 |
1.52% |
1.08% |
| 2009 |
0.44% |
-3.68% |
| 2008 |
4.11% |
1.63% |
| 2007 |
2.48% |
-0.24% |
| 2006 |
2.72% |
0.20% |
| 2005 |
2.52% |
0.31% |
| 2004 |
2.22% |
0.12% |
| 2003 |
2.10% |
-0.23% |
| 2002 |
2.33% |
-0.53% |
| 2001 |
2.86% |
-0.09% |
| 2000 |
2.95% |
1.05% |
| 1999 |
1.90% |
-0.41% |
| 1998 |
2.31% |
0.08% |
| 1997 |
2.22% |
-0.80% |
| 1996 |
3.02% |
-1.06% |
| 1995 |
4.09% |
-0.33% |
| 1994 |
4.41% |
-0.18% |
| 1993 |
4.60% |
-0.67% |
| 1992 |
5.27% |
1.09% |
| 1991 |
4.18% |
0.20% |
| 1990 |
3.98% |
0.05% |
| 1989 |
3.93% |
0.86% |
| 1988 |
3.07% |
-0.16% |
| 1987 |
3.22% |
0.49% |
| 1986 |
2.74% |
-2.46% |
| 1985 |
5.20% |
-1.87% |
| 1984 |
7.07% |
-1.60% |
| 1983 |
8.67% |
-0.92% |
| 1982 |
9.58% |
-1.92% |
| 1981 |
11.51% |
-2.03% |
| 1980 |
13.54% |
5.07% |
| 1979 |
8.47% |
0.89% |
| 1978 |
7.57% |
-2.19% |
| 1977 |
9.77% |
0.06% |
| 1976 |
9.71% |
-2.52% |
| 1975 |
12.23% |
-2.44% |
| 1974 |
14.66% |
6.75% |
| 1973 |
7.92% |
2.01% |
| 1972 |
5.91% |
0.89% |
| 1971 |
5.02% |
0.88% |
| 1970 |
4.14% |
1.49% |
| 1969 |
2.65% |
-0.59% |
| 1968 |
3.24% |
0.26% |
| 1967 |
2.99% |
-0.44% |
| 1966 |
3.43% |
-0.23% |
| 1965 |
3.67% |
0.01% |
| 1964 |
3.66% |
0.74% |
| 1963 |
2.92% |
0.17% |
| 1962 |
2.75% |
0.88% |
| 1961 |
1.87% |
0.13% |
| 1960 |
1.74% |
0.13% |
