European Union Inflation Rate 1960-2021

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • European Union inflation rate for 2020 was 0.51%, a 1.13% decline from 2019.
  • European Union inflation rate for 2019 was 1.64%, a 0.14% decline from 2018.
  • European Union inflation rate for 2018 was 1.78%, a 0.31% increase from 2017.
  • European Union inflation rate for 2017 was 1.47%, a 1.3% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 5.69%
Sub-Saharan Africa 3.22%
World 1.94%
North America 0.98%
OECD members 0.74%
European Union 0.51%
Euro Area 0.35%
European Union Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 0.51% -1.13%
2019 1.64% -0.14%
2018 1.78% 0.31%
2017 1.47% 1.30%
2016 0.17% 0.22%
2015 -0.05% -0.25%
2014 0.19% -1.01%
2013 1.20% -1.43%
2012 2.63% -0.66%
2011 3.29% 1.62%
2010 1.67% 0.74%
2009 0.93% -3.28%
2008 4.21% 1.60%
2007 2.61% -0.11%
2006 2.72% 0.20%
2005 2.52% 0.20%
2004 2.33% 0.23%
2003 2.10% -0.35%
2002 2.44% -1.04%
2001 3.48% 0.33%
2000 3.15% 0.92%
1999 2.23% -0.26%
1998 2.49% -0.86%
1997 3.36% -0.42%
1996 3.78% -0.77%
1995 4.55% -0.52%
1994 5.07% -0.75%
1993 5.82% -0.69%
1992 6.51% 0.58%
1991 5.93% 0.45%
1990 5.48% -0.04%
1989 5.52% 1.53%
1988 3.98% 0.33%
1987 3.65% -0.10%
1986 3.75% -1.86%
1985 5.61% -2.25%
1984 7.86% -0.91%
1983 8.77% -0.97%
1982 9.74% -2.20%
1981 11.94% -1.58%
1980 13.52% 4.54%
1979 8.98% 1.27%
1978 7.71% -1.78%
1977 9.49% 0.43%
1976 9.07% -1.15%
1975 10.22% -2.46%
1974 12.68% 4.99%
1973 7.69% 1.81%
1972 5.88% 0.86%
1971 5.02% 0.38%
1970 4.64% 1.95%
1969 2.69% -0.07%
1968 2.76% -0.42%
1967 3.18% -0.35%
1966 3.53% -0.37%
1965 3.91% 0.52%
1964 3.39% 0.51%
1963 2.88% 0.03%
1962 2.84% 0.74%
1961 2.10% 0.57%
1960 1.54% 0.57%