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
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 8.64% | 8.50% | 6.88% | 6.96% | 6.10% | 5.52% | 5.31% | 5.24% | |||||
| 2022 | 5.11% | 5.87% | 7.44% | 7.44% | 8.05% | 8.64% | 8.87% | 9.14% | 9.93% | 10.62% | 10.05% | 9.20% | 8.38% |
| 2021 | 0.91% | 0.94% | 1.33% | 1.62% | 1.98% | 1.90% | 2.16% | 2.96% | 3.36% | 4.05% | 4.87% | 4.96% | 2.59% |
| 2020 | 1.36% | 1.22% | 0.75% | 0.31% | 0.09% | 0.27% | 0.39% | -0.17% | -0.31% | -0.28% | -0.29% | -0.27% | 0.25% |
| 2019 | 1.17% | 1.29% | 1.30% | 1.72% | 1.36% | 1.40% | 1.25% | 1.24% | 1.00% | 0.91% | 0.77% | 1.09% | 1.21% |
Additional resources
All inflation rates are calculated using the Euro area Consumer Price Index (CPI) series.