Price indexes such as consumer price index cpi or producer price index ppi international status figures such as current accounts and trade balances. Betterthanexpected growth, but were back in deflation published fri, apr 29 2016 5. Institutions euro area, 43000 economic data series, fred. More data are available in the eurostat data navigation and the ecb statistical data warehouse sdw. Series report already know the series identifier for the statistic you want. The statistic shows the inflation rate in the european union eu and the euro area from 2014 to 2017, with projections up until 2024. Data database browse statistics by theme statistics a z experimental statistics bulk download web services access to microdata gisco. Euro area inflation rate mom 19902020 data 20212022. As long as inflation remains fairly stable, this page will be updated only occasionally. Feb 25, 2016 the final read of euro zone inflation was expected to show no change from the original preliminary release. Inflation, consumer prices annual % european union. In december 2018, we published extended series for the components of cpih covering 1988 to 2004 and cpi covering 1988 to 1995. Total all items for the euro area cphptt01ezm661n from jan 1990 to mar 2020 about harmonized, euro area, europe, all items, cpi, price index, price, and indexes.
This page provides the latest reported value for euro area consumer price. Learn how the world bank group is helping countries with covid19 coronavirus. Preliminary figures showed the economy suffered its worst contraction on record in the first quarter. Euro area inflation data remains subdued action forex. Eurostat and ecb calculations based on national data. Monthly inflation rate in eu countries 2020 statista. Geographical information and maps metadata sdmx infospace data validation. Eurozone inflation will soon turn negative the inflation rate in the eurozone took a leg down in march, largely due to the slump in oil prices.
Eurusd price unmoved on eurozone inflation data release. During the european session, attention to the release of cpi and employment data in the euro zone may have a greater impact on the market. Show table location in data tree show table location in data tree. The consumer price index cpi measures the change in the price of goods and services from the perspective of the consumer. Apr 29, 20 this page is about inflation in the euro zone not the eu, since only the euro zone has a common monetary policy. Inflation measured by consumer price index cpi is defined as the change in the. In january 2015 lithuania joined the euro area, bringing the number of euro area countries to 19. Gdp in prices of the previous year economic growth3. Euro zone flash cpi spikes in january to 4year high nasdaq. The statistic shows the inflation rate in the euro area countries in february 2020.
Eurozone economy gdp, inflation, cpi and interest rate. Expandcollapse data main tables database faq news publications methodology. Euro area inflation rate 19912020 data 20212022 forecast. At the same time, 2019 year to date inflation rate is 1. Inflation measured by consumer price index cpi is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. May 14, 2020 graph and download economic data for consumer price index. The euro zone cpi released by the eurostat captures the changes in the price of goods and services. This page provides the latest reported value for euro area inflation rate mom plus previous.
The downturn came on the back of frozen business and household activity in the better part of march due to measures adopted by governments to contain the spread of the pandemic. The annual inflation rate in the euro area is expected to slow to 0. Inflation or currency devaluation drop in the value of money, is characterized by a steady rise in the prices. Consumer price inflation time series office for national. Following the release of the data, the euro turned higher against the u. Mar 31, 2020 eurozone inflation will soon turn negative the inflation rate in the eurozone took a leg down in march, largely due to the slump in oil prices. The difference in cpi between the years is used by the european central bank to officially determine inflation. Euro area historical consumer price index cpi 2010 to 2020. The ecb aims to maintain annual inflation rates as measured by the hicp below, but close to, 2% over the medium term. The eurusd moved, on average, 12 pips in the 15 minutes after the data release and 42 pips in the following 4 hours.
If the coronavirus takes a toll on economic activity, then unemployment could rise on a more sustained basis. The main task of the ecb is to maintain price stability. It is a key way to measure changes in purchasing trends and inflation. Notesobservations various euro area mar inflation data registered lower readings compared to feb euro zone, france, portugal, italy china pmi and japanese data provides some cautious optimism. Eurozone inflation inflation slumps to over threeyear low in april on plunging energy prices. This ensures that the data for one country can be compared with the data for another. Cpiurban wage earners and clerical workers old series department store inventory price index discontinued series. The source can be consulted by clicking on the data label, or on the link to the metadata in the more info column.
Euro area consumer price index cpi inflation rate and cpi. Comprehensive database of time series covering measures of inflation data for the uk including cpih, cpi and rpi. The term harmonised denotes the fact that all the countries in the european union follow the same. Cpi data for the euro area is available from 1990 onward. But if the virus starts to sap domestic demand, then core inflation may decline slightly in the coming months.
Inflation rate in the european union and the euro area from 2014 to 2024. It measures the average change over time in the prices paid by households for a basket of consumer goods and services. Inflation, consumer prices annual % from the world bank. Consumer price index cpi in the euro area averaged 88.
The ecb defines price stability on the basis of the annual rate of change of the euro area hicp. Historical consumer price index cpi for euro area 2010 to 2020 last update. The eurozone was expected to report stable inflation figures. This page is about inflation in the euro zone not the eu, since only the euro zone has a common monetary policy. Eurozone consumer price index is at a current level of 105. Cpi numbers are used to calculate inflation rates over a period of time. It is defined as the change in the prices of a basket of goods and services that are typically. With the economy taking on the verge of an unprecedented nosedive, we expect headline inflation to drop below zero within a few months, as energy inflation falls further and continue reading eurozone flash cpi mar. Consumer price inflation in the euro area since 1981. Euro area consumer price index cpi 19962020 data 2021. Februarys fall in inflation reflected the decline in energy prices as a result of the coronavirus outbreak.
Inflation, consumer prices annual % european union data. Euro area changing composition hicp overall index, monthly index, eurostat, neither seasonally nor working day adjusted unit 2015 100. Download this time series from the statistical data. The euro was little changed in the wake of the data. Jul 31, 2017 euro zone inflation was stable in july but its core measure, which is closely watched by the european central bank, went up to a fouryear high against market expectations of a drop. Download a flat file of the entire database or large subset of the. The cpi for the euro area is calculated and issued by the ecb. Inflation measures the general evolution of prices. Inflation forecast is measured in terms of the consumer price index cpi or harmonised index of consumer prices hicp for euro area countries, the euro area aggregate and the united kingdom. All told, it seems likely that inflation will be a bit weaker this year than both we and the ecb had expected. The eurozones 4q gross domestic product gdp report showed the growth rate slowed to an annualized 1.
The final read of eurozone inflation was expected to show no change from the original preliminary release. Monthly inflation rate in euro area countries 2020 statista. Mar 03, 2020 in january, euro zone unemployment held steady at a rate of 7. It measures the change over time in the prices of consumer goods and services acquired, used or paid for by euro area housholds. The hicp is also used to assess whether a country is ready to join the euro area. Selected indicators for the euro area annual percentage changes unless otherwise stated euro area. Inflation is measured in terms of the annual growth rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. The consumer price index in the euro area increased 0. This it defines as an annual hicp inflation rate of below 2% over the medium term.
Consumer price inflation cpi in the euro zone spiked in january to nearly a fouryear high, moving closer towards the european central banks ecb 2% target. Inflation rate eurozone eurozone taux dinflation 1. The initial gdp read for q3 carried expectations for a growth rate of 0. Oct 31, 2017 the euro zone was expected to report stable inflation figures. Harmonised indices of consumer prices hicp are designed for international comparisons of consumer price inflation. Apr 17, 2020 the cpi for the euro area is calculated and issued by the ecb. Consumer price index cpi in the euro area increased to 105. We have now added historical series for the goods and.
Inflation rate is calculated by change in the consumer price index cpi. Euro zone inflation was stable in july but its core measure, which is closely watched by the european central bank, went up to a fouryear high against market expectations of a drop. International monetary fund, international financial statistics and data files. May 20, 2020 euro area annual inflation rate and its main components. Overview of key euro area indicators european central bank.
Consumer price index 2010 100 wholesale price index 2010 100 bank nonperforming loans to total gross loans %. Euro area annual inflation rate and its main components. Apr 22, 2020 comprehensive database of time series covering measures of inflation data for the uk including cpih, cpi and rpi. Graph and download economic data for consumer price index. This page provides the latest reported value for euro area consumer price index cpi plus previous releases, historical high and low, shortterm forecast and. Publications all publications digital publications statistical books manuals and guidelines.
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