The inflation rate in European Union was recorded at 0.70 percent in June of 2020.

Inflation Rate in European Union averaged 2.39 percent from 1997 until 2020, reaching an all time high of 8.40 percent in November of 1997 and a record low of -0.50 percent in January of 2015. This page provides the latest reported value for - European Union Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Inflation Rate - values, historical data and charts - was last updated on August of 2020.

Inflation Rate in European Union is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in European Union to stand at 1.20 in 12 months time. In the long-term, the European Union Inflation Rate is projected to trend around 1.50 percent in 2021 and 1.80 percent in 2022, according to our econometric models.

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European Union Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.50 8.40 -0.50 1997 - 2020 percent Monthly
2015=100, NSA

European Union Prices Last Previous Highest Lowest Unit
Core Consumer Prices 106.64 106.28 106.64 74.69 points [+]
Core Inflation Rate 1.40 1.50 2.70 0.70 percent [+]
Consumer Price Index CPI 105.44 106.14 106.14 60.06 points [+]
Inflation Rate 0.70 0.50 8.40 -0.50 percent [+]
Inflation Rate Mom -0.70 0.30 2.50 -1.30 percent [+]
Producer Prices 100.70 101.20 107.70 65.30 points [+]
Producer Prices Change 0.20 0.00 10.70 -7.60 percent [+]
CPI Housing Utilities 104.98 104.71 106.32 47.81 points [+]
Cpi Transportation 103.32 101.87 108.56 59.31 points [+]
Food Inflation 2.50 2.40 16.10 -1.00 percent [+]
GDP Deflator 103.14 101.88 103.14 69.03 points [+]