Inflation Rate and Consumer Price Index
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Euro area inflation rate

Euro area inflation summary for August 2023

Updated: September 19, 2023
Next update: October 18, 2023

Current Euro area inflation rate

August 2023
5.24%
The Consumer Price Index for Euro area is 124.03 for the month of August 2023. The inflation rate year over year is 5.24% (compared to 5.31% for the previous month). Inflation from July 2023 to August 2023 was 0.54%.

Previous Euro area Inflation Rate

July 2023 to August 2023
0.54%

Month-to-Month Euro area Inflation Rate

July 2023
5.31%

Recent inflation rates for Euro area

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20238.64%8.50%6.88%6.96%6.10%5.52%5.31%5.24%
20225.11%5.87%7.44%7.44%8.05%8.64%8.87%9.14%9.93%10.62%10.05%9.20%8.38%
20210.91%0.94%1.33%1.62%1.98%1.90%2.16%2.96%3.36%4.05%4.87%4.96%2.59%
20201.36%1.22%0.75%0.31%0.09%0.27%0.39%-0.17%-0.31%-0.28%-0.29%-0.27%0.25%
20191.17%1.29%1.30%1.72%1.36%1.40%1.25%1.24%1.00%0.91%0.77%1.09%1.21%
All inflation rates are calculated using the Euro area Consumer Price Index (CPI) series.