Inflation Rate Europe 2024. Services inflation now accounts for the vast bulk of the overall inflation rate. The euro area annual inflation rate was 2.9% in december 2023, up from 2.4% in november.
In depth view into european union inflation rate including historical data from 1997 to 2024, charts and stats. Services inflation now accounts for the vast bulk of the overall inflation rate.
The Hicp Inflation Rates In The Table Are Presented Both On A Monthly Basis (Compared To The Month Before) As Well As On A Yearly Basis (Compared To The Same Month The Year.
European union inflation rate for 2021 was 2.55%, a 2.08% increase from 2020.
Services Inflation Now Accounts For The Vast Bulk Of The Overall Inflation Rate.
Chart 2 shows the relative contributions of the major categories:
Inflation Rate Europe 2024 Images References :
Romania Came In With The Highest Rate 7.3% Among The Eu Members, Followed.
It is measured as the change in the consumer price index (cpi) compared with the same.
The European Central Bank Doesn’t Need Services Inflation — A Key Focus As Policymakers Determine How Much To Lower Interest Rates — To Slow To The.
Services inflation now accounts for the vast bulk of the overall inflation rate.
