European Union Inflation Rate 1960-2020

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 2019 was 1.63%, a 0.11% decline from 2018.
  • European Union inflation rate for 2018 was 1.74%, a 0.31% increase from 2017.
  • European Union inflation rate for 2017 was 1.43%, a 1.25% increase from 2016.
  • European Union inflation rate for 2016 was 0.18%, a 0.24% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 4.55%
Sub-Saharan Africa 2.78%
Latin America & Caribbean 2.76%
World 2.30%
North America 1.88%
East Asia & Pacific 1.77%
OECD members 1.74%
European Union 1.63%
Euro Area 1.45%
European Union Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.63% -0.11%
2018 1.74% 0.31%
2017 1.43% 1.25%
2016 0.18% 0.24%
2015 -0.06% -0.26%
2014 0.20% -1.02%
2013 1.22% -1.44%
2012 2.66% -0.63%
2011 3.29% 1.76%
2010 1.53% 0.69%
2009 0.84% -3.33%
2008 4.17% 1.65%
2007 2.51% -0.16%
2006 2.67% 0.18%
2005 2.49% 0.20%
2004 2.29% 0.19%
2003 2.09% -0.33%
2002 2.42% -0.95%
2001 3.37% 0.22%
2000 3.15% 0.99%
1999 2.16% -0.26%
1998 2.42% -0.70%
1997 3.11% -0.45%
1996 3.56% -0.87%
1995 4.43% -0.29%
1994 4.72% -0.14%
1993 4.85% -1.36%
1992 6.22% 0.73%
1991 5.48% -0.66%
1990 6.15% -0.11%
1989 6.26% 1.72%
1988 4.54% 0.52%
1987 4.02% 0.34%
1986 3.68% -1.72%
1985 5.40% -2.28%
1984 7.67% -1.00%
1983 8.67% -0.92%
1982 9.58% -2.18%
1981 11.77% -1.14%
1980 12.91% 4.69%
1979 8.22% 0.47%
1978 7.76% -2.01%
1977 9.77% 0.42%
1976 9.35% -1.12%
1975 10.47% -2.70%
1974 13.16% 5.41%
1973 7.75% 1.74%
1972 6.01% 0.77%
1971 5.24% 0.73%
1970 4.51% 1.83%
1969 2.67% -0.57%
1968 3.24% -0.08%
1967 3.32% -0.38%
1966 3.70% -0.28%
1965 3.99% 0.57%
1964 3.42% 0.49%
1963 2.92% -0.63%
1962 3.55% 1.48%
1961 2.08% 0.34%
1960 1.74% 0.34%