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Inflation explorer

Inflation in the euro area and its largest economies, month by month since 2015.

By country

HICP, annual rate of change. Source: ECB Data Portal (HICP dataflow, COICOP 2018). Tap a country to add or remove it.

What drives euro-area inflation

All items and the main components, annual rate

Source: ECB. Core excludes energy, food, alcohol and tobacco.

Latest month, ranked

    About the figures

    The Harmonised Index of Consumer Prices (HICP) is measured the same way in every EU country, which makes the countries comparable; the ECB's 2% target refers to the euro-area figure. National measures (Germany's CPI, France's IPC) can differ slightly. The euro-area flash estimate comes early in the month after; country detail follows mid-month. Our euro-area economy report explains the latest quarter.

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