Core consumer prices in European Union increased 0.70 percent in October of 2020 over the same month in the previous year. source: Eurostat
Core Inflation Rate in European Union averaged 1.50 percent from 1997 until 2020, reaching an all time high of 3 percent in March of 2002 and a record low of 0.60 percent in May of 2014. This page provides - European Union Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Core Inflation Rate - values, historical data and charts - was last updated on November of 2020.
Core Inflation Rate in European Union is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in European Union to stand at 1.20 in 12 months time. In the long-term, the European Union Core Inflation Rate is projected to trend around 1.40 percent in 2021 and 1.50 percent in 2022, according to our econometric models.