欧洲通货膨胀情况分析报告-培训课件外文版2024.4

COUNTRIES

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REGIONSInflationinEuropeCHAPTER

01OverviewHarmonizedindexofconsumerprices(HICP)inflationrateoftheEuropeanUnionfromJanuary1997toDecember2023InflationrateoftheEuropeanUnion1997-202314%12%10%8%6%4%2%0%-2%4Description:TheinflationrateintheEuropeanUnionwas3.4percentinDecember2023,asignficantdeclinefromthehigh-pointreachedinOctober2022of11.5percent,thehighestrateofinflationrecordedintheprovidedtimeperiod.Before2021,theinflationrateintheEUpeakedat4.4percentinJulyof2008andwaslowestinJanuary2015,whenpriceswereshrinkingby0.5percent.HungaryhadthehighestinflationrateamongEUmemberstatesat26.2percent,whileLuxembourghadthe[...]

ReadmoreNote(s):EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateinEuropeinDecember2023,bycountryInflationrateinEuropeinDecember2023,bycountryHICPinflationrate(annualchange)20%

30%0%10%40%50%60%70%EuropeanUnionEurozoneEuropeanEconomicAreaTurkey3.4%2.9%3.5%64.9%CzechiaSerbiaRomania7.6%7.5%7%IcelandSlovakia6.9%6.6%Poland6.2%Austria5.7%Hungary5.5%Montenegro*5.5%5Description:AsofDecember2023,theinflationrateintheEuropeanUnionwas3.4percent,withpricesrisingfastestinCzechia,whichhadaninflationrateof7.6percent.Bycontrast,bothDenmarkandBelgiumsawlowinflationratesduringthesameperiod,withBelgiumhavingthelowestinflationrateintheEUduringthismonthat0.5percent.TherateofꢀinflationintheEUintheOctober2022washigherthanatanyothertime,withthepeakpriorto2021recordedinJuly2008whenpriceswere[...]ReadmoreNote(s):Europe,EU;December2023;*DatafortheUnitedKingdomistakenfromtheOfficeofNationalStatisticsfortheUK.ꢀDataforthefollowingcountriesisformonthsotherthanDecember2023:ꢀ-November2023:Montenegro.

ReadmoreSource(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateoftheEuropeanUnionfromJanuary2002toDecember2023,bycategoryInflationrateoftheEuropeanUnion2002-2023,bycategoryFoodincludingalcoholandtobaccoServices(overallindexexcludinggoods)Non-energyindustrialgoodsEnergy50%40%30%20%10%0%-10%-20%Jan

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236Description:InDecember2023,energypricesfellbyapproximately5percentintheEuropeanUnion,whencomparedwithayearearlier,accordingtotheharmonizedindexofconsumerpricesindex.ThisrepresentsadramaticdeflationofenergypricesfromtheirpeakinJune2022,whentheHICPindexwas41.1percenthigherthanJune2021.DuringDecember2023,theinflationrateforfoodpriceswas6percent,whileinnon-energyindustrialgoods,costswereestimatedtohavegoneupby3[...]

ReadmoreNote(s):EU;January2002toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateoftheEuropeanUnioninDecember2023,bysectorInflationrateoftheEuropeanUnionin2023,bysectorHICPinflationrate(annualchange)-2%-1%0%1%2%3%4%5%6%7%8%Alcoholicbeverages,tobaccoandnarcotics6.7%Restaurantsandhotels6%5.9%Foodandnon-alcoholicbeveragesEducation4.9%Personalcare4.8%4.7%MiscellaneousgoodsandservicesHealth4.3%Recreationandculture3.7%All-itemsFurnishings,householdequipmentandroutinehouseholdmaintenanceClothingandfootwear3.4%3.2%2.8%Transport2.2%Communications0.8%Housing,water,electricity,gasandotherfuels-1.3%7Description:TheinflationrateforallitemsintheEuropeanUnionwas3.4percentinDecember2023comapredtothesamemonthinthepreviousyear.Thiswasparticularlydrivenbyrisingpricesinthealcoholicbeverages,tobacco,andnarcoticscategorywhichhadanannualinflationrateof6.7percent,aswellasrisingcostsintherestaurantsandhotelscategory,whichhadaninflationrateofsixpercent.ReadmoreNote(s):EU;December2023Source(s):EurostatProducerpriceindex(PPI)formanufacturinginthedomesticmarketintheEuropeanUnion(EU27)fromJanuary2011toDecember2022(2015=100)ProducerpriceindexintheEU2011-202214013513012512011511010510095908Description:InDecember2022,theproducerpriceindexformanufacturingintheEuropeanUnionwas133.6,comparedwith134.9inthepreviousmonth.ThisindicatesthatproducerpricesintheEUhaveincreasedby33.6percentwhencomparedwiththebaselineyearof2015.ReadmoreNote(s):Europe,EU;January2011toDecember2022Source(s):OECDAnnualinflationrateoftheconsumerpriceindex(CPI)amonglargeeconomiesinWesternEuropefromJanuary2010toNovember2023CPIinflationrateamonglargeeconomiesinWesternEurope2010-2023UnitedKingdomFranceGermanyItalySpain14%12%10%8%6%4%2%0%-2%9Description:Since2021,thelargeeconomiesofWesternEuropehavebeenexperiencingasurgeininflation,withinflationreachingashighas11.84percentinItalyduringOctober2022.During2023therateofinflationinalltheseeconomieshasfallensignificantly,reachingaslowas0.67percentinItalyand3.17percentinGermany.Thisinflationaryepisodeisunderstoodbyeconomiststohavebeencausedbyseveralfactors,notablythesupplychainissuesduringtheCOVID-19pandemic,[...]

ReadmoreNote(s):Europe,France,Germany,Italy,Spain,UnitedKingdom;January2010toNovember2023Source(s):OECDCHAPTER

02SelectedCountryDataInflationratefortheConsumerPriceIndex(CPI)intheUnitedKingdomfromJanuary1989toFebruary2024InflationrateintheUK1989-202412%10%8%6%4%2%0%-2%11Description:TheUKinflationratewas3.4percentinFebruary2024,comparedwithfourpercentintheprevioustwomonths.BetweenSeptember2022andMarch2023,theUKexperiencedsevenmonthsofdouble-digitinflation,whichpeakedat11.1percentinOctober2022.Asofthemostrecentmonth,alcoholandtobaccowasthesectorwiththehighestinflationrate.Ingeneral,thelasttimeoverallinflationwasrisingatcomparablelevelswasin1992,wheninflationpeakedat8.4percent.Between[...]

ReadmoreNote(s):UnitedKingdom;January1989toFebruary2024Source(s):OfficeforNationalStatistics(UK)France:InflationratefromJanuary2021toAugust2023(comparedtothesamemonthofthepreviousyear)MonthlyinflationrateinFranceAugust20237.0%6.0%5.0%6.3%6.2%6.2%6.1%6%5.9%5.9%5.9%5.8%5.7%5.6%5.2%5.1%4.9%4.8%4.5%4.5%4.3%4.0%3.6%3%2.9%2.8%3.0%2.6%2.2%1.9%2.0%1.5%1.4%1.2%1.2%1.1%1.0%

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'23MonthsfromAugust2022toAugust202312Description:ThestatisticshowstheinflationrateinFrancefromJanuary2021toAugust2023.Theterminflationmeansthedevaluationofmoneycausedbyapermanentincreaseofthepricelevelforproducts(consumergoods,investmentgoods).TheConsumerPriceIndexshowsthepricedevelopmentforprivateexpensesandshowsthecurrentlevelofinflationwhenincreasing.August2023,theinflationrateinFranceincreasedby4.9percentcomparedtothesamemonthofthepreviousyear.

ReadmoreNote(s):FranceSource(s):InseeInflationrateinGermanyfromDecember2022toDecember2023(changescomparedtothesamemonthlastyear)MonthlyinflationrateinGermany2022-202310.0%8.7%8.7%9.0%8.0%7.0%6.0%5.0%4.0%3.0%2.0%7.4%7.2%6.4%6.2%6.1%6.1%4.5%3.8%3.7%3.2%2.9%Jan'23Feb'23¹Mar'23Apr'23Mai'23Jun'23Jul'23Aug'23Sep'23Oct'23Nov'23Dec'23Jan'2413Description:InJanuary,basedonpreliminaryfigures,consumerpricesinGermanyincreasedby2.9percentcomparedtothesamemonthofthepreviousyear.ꢀTheinflationrateiscalculatedusingthepriceincreaseofaproductbasketdefinedbytheGermanFederalStatisticalOffice.Thisproductbasketcontainsservicesandproducts,onwhichtheaverageconsumerspendsmoneythroughouttheyear.Thisincludesexpensesforgroceries,clothes,rent,power,telecommunications,recreational[...]

ReadmoreNote(s):Germany;January2023toJanuary2024;2020(baseyear)=100Source(s):StatistischesBundesamtMonthlyconsumerpriceindex(CPI)inItalyfromJanuary2020toJune2023MonthlyconsumerpriceindexinItaly2020-2023125120115110105119.1719.7119.3

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103102.7102.1502.4102.310014Description:InJune2023,theconsumerpriceindex(CPI)inItalystoodat119.7.ReadmoreNote(s):Italy;January2020toJune2023Source(s):OECDPercentagechangeoftheconsumerpriceindex(CPI)onayearearlierinSpainfromJanuary2017toFebruary2023InflationrateinSpain2017-2023,y-o-ybymonth12%10%8%10.8%10.5%10.2%9.8%8.9%7.3%8.7%8.3%7.6%6.5%6.8%6.1%6%5.9%5.7%5.5%5.4%6%4%4%3.3%3%3%2.9%2.72%.7%2.6%2.3%1.9%2.3%

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-0.5%-0.3%-0.4%-0.6%-0.7%-0.9%-0.-80%.8%-2%15Description:TheconsumerpriceindexinMarch2023increasedbysixpercentcomparedtothesamemonthofthepreviousyear.Thiswasadecreasesincethesecondquarterof2022wheninflationtheindexincreasedbyalmost11percent(July2022).Theconsumerpriceindexstartedrisinginearly2021-anincreasewhichwasdueprimarilytotheskyrocketingpowerprices.ReadmoreNote(s):Spain;January2017toFebruary2023Source(s):INE(Spain)PercentagechangeonthepreviousyearinCPIinflationrateintheNetherlandsfromJanuary1963toSeptember2023CPIinflationrateintheNetherlands,permonth1963-202316%14%12%10%8%6%4%2%0%-2%-4%16Description:TheRussia-UkrainehasbeenafactorintheinflationrateintheNetherlands,whichhasgoneuptoashighas14.5percentinSeptemberof2022.Upuntilthen,DutchpriceswerelowerthanthetwopercentmarkthattheEuropeanCentralBankstrivestowards,asaconsequenceofthecoronavirus(COVID-19).InSeptemberof2023,theinflationratewas0.2percent.ReadmoreNote(s):Netherlands;January1963toSeptember2023;*Thisfigureisprovisional.ReadmoreSource(s):CentraalBureauvoordeStatistiekMonthlyinflationrateinBelgiumfromJanuary2018toSeptember2023(changeinHICPcomparedtosamemonthinthepreviousyear)MonthlyrateofinflationinBelgium2018-202314%12%10%8%6%4%2%0%-2%Jan

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'2317Description:Thisstatisticshowsthemonthlyinflationrate,thatisthechangeintheharmonizedindexofconsumerprices(HICP)comparedtothesamemonthinthepreviousyearinBelgiumfromJanuary2018toSeptember2023.InSeptember2023,theinflationrate(HICP)inBelgiumwas0.7percent.ReadmoreNote(s):Belgium;January2018toSeptember2023Source(s):StatbelMonthlyconsumerpriceindex(CPI)changeofgoodsandservicesinPolandfrom2018to2024MonthlyconsumerpriceindexinPoland2018-202420%18%16%14%12%10%8%6%4%2%0%18Description:PricesofconsumergoodsandservicesinPolandinFebruary2024increasedby2.8percentcomparedtothesamemonthlastyearandincreasedby0.3percentcomparedtothepreviousmonth.ThelowestinflationleveloccurredinJanuary2019,reachingtheCPIof0.7percent,andthehighestinFebruary2023-18.4percent.ReadmoreNote(s):Poland;January2018toFebruary2024Source(s):CentralStatisticalOfficeofPolandRussia:InflationratefromFebruary2022toFebruary2024(comparedtothesamemonthofthepreviousyear)MonthlyinflationrateinRussia2022-202420%18%16%14%12%10%8%6%4%2%0%Feb

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202419Description:InFebruary2024,theinflationrateinRussiastoodataround7.7percentcomparedtothesamemonthofthepreviousyear.ThefigurehasincreasedgraduallysinceDecember2023.ThehighestrateovertheobservedperiodwasrecordedinApril2022at17.8percent.Theterminflationmeansthedevaluationofmoneycausedbyapermanentincreaseofthepricelevelforproducts(consumergoods,investmentgoods).ConsumerPriceIndex(CPI)showsthepricedevelopmentforprivate[...]

ReadmoreNote(s):Russia;February2022toFebruary2024Source(s):RussianFederalStateStatisticsServiceYear-on-yearchangeinConsumerPriceIndex(CPI)inTurkeyfromJuly2016toJanuary2024Year-on-yearchangeinCPIinTurkey2016-202490%80%70%60%50%40%30%20%10%0%20Description:ThemonthlyinflationrateinTurkeyreached85.51percentinOctober2022,thehighestinflationraterecordedduringtheprovidedtimeinterval.InJune2023,theyear-on-yearchangeintheConsumerPriceIndex(CPI)wasrecordedat38.21percent,thelowestsinceJanuary2022.AsofJanuary2024,CPIincreasedagainandamountedtonearly64.9percent.Sincethesecondhalfof2019,Turkey’sinflationratehasconsistentlybeenindoubledigits,withinflationacceleratingatthefastestratein[...]

ReadmoreNote(s):Turkey;July2016toJanuary2024Source(s):TurkStatCHAPTER

03InflationbysectorMonthlyinflationrateintheEuropeanUnionfromJanuary2019toDecember2023,bysectorInflationrateintheEuropeanUnionbysector2019-2023Alcoholicbeverages,tobaccoandnarcoticsRestaurantsandhotelsFoodandnon-alcoholicbeveragesEducationPersonalcareHealthRecreationandcultureFurnishings,householdequipmentandroutinehouseholdmaintenanceClothingandfootwearTransportCommunicationsHousing,water,electricity,gasandotherfuels40%20%0%-20%22Description:Followingtheeasingofrestrictionsrelatedtothecoronaviruspandemicin2022,inflationratesinmanyeconomicsectorsinEuropespiked,withthefoodandnon-alcoholicbeveragesandtransportsectorsbeingparticularlyaffected.Additionally,Russia'sinvasionofUkraineinFebruary2022andthesubsequentenergycrisiscausedaspikeinthehousing,water,electricity,gas,andotherfuelssector,withtheinflationrateintheseproductsreaching23.2percentinOctober2022.All[...]

ReadmoreNote(s):Europe,EU;January2019toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforfoodandnon-alcoholicbeveragesintheEuropeanUnionfromJanuary1997toDecember2023Inflationrateforfoodandnon-alcoholicbeveragesintheEU1997-202325%20%15%10%5%0%-5%23Description:Theinflationrateforfoodandnon-alcoholicbeveragesintheEuropeanUnionreachedapeakof17.9percentinNovember2022,afterwhichithasfallensignificantlyto5.9percentinDecember2023.

ReadmoreNote(s):EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforalcoholicbeverages,tobaccoandnarcoticsintheEuropeanUnionfromJanuary1997toDecember2023Inflationrateforalcoholicbeverages,tobaccoandnarcoticsintheEU1997-20239.5%8.5%7.5%6.5%5.5%4.5%3.5%2.5%1.5%0.5%24Description:Theinflationrateforalcoholicbeverages,tobaccoandnarcoticsintheEuropeanUnionreachedapeakof8.5percentinJune2023,afterwhichithasconsistentlydeclined,reaching6.7percentinDecemberofthatyear.TherateofpriceincreasesinthissectorremainsfarabovetherateofinflationfortheentireEUeconomyinDecember,whichwas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforclothingandfootwearintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforclothingandfootwearintheEU1997-20238.0%6.0%4.0%2.0%0.0%-2.0%-4.0%25Description:TheinflationrateforclothingandfootwearintheEuropeanUnionreachedapeakof5.9percentinFebruaryof2023,afterwhichithasconsistentlydeclined,reaching2.8percentinDecember.Duringthatmonth,theinflationratefortheEUeconomyasawholewas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforhousing,water,electricity,gas,andotherfuelsintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforhousingandenergyintheEU1997-202325%20%15%10%5%0%-5%-10%26Description:TheinflationrateforhousingandenergyintheEuropeanUnionpeakedat23.3percentinOctoberof2022,afterwhichitdeclinedrapidly,passingintodeflation(adeclineintheabsolutepricelevel)bySeptember2023.InDecember2023,therateofinflationwas-1.3percent.Duringthatmonth,theinflationratefortheEUeconomyasawholewas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforfurnishings,householdequipmentandroutinehouseholdmaintenanceintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforfurnishingsandhouseholdequipmentintheEU1997-202312%10%8%6%4%2%0%-2%27Description:Theinflationrateforfurnishings,householdequipmentandroutinehouseholdmaintenanceintheEuropeanUnionreached3.2percentinDecember2023.Theinflationrateinthissectorpeakedat9.9percentinJuneof2023,followingwhichtheratehasconsistentlydeclinedeachmonth.DuringDecember,theinflationrateoftheEUeconomyasawholewas3.4percent.ReadmoreNote(s):EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforhealthintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforhealthintheEU1997-20239.0%8.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%-1.0%28Description:TheinflationrateforhealthintheEuropeanUnionwas4.3percentinDecember2023,representingamoderatedeclinefromitspeakof5percentinJuneofthesameyear.DuringDecember,theinflationratefortheEUeconomuasawholewas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationratefortransportintheEuropeanUnionfromJanuary1997toDecember2023InflationratefortransportintheEU1997-202320%15%10%5%0%-5%-10%29Description:TheinflationratefortransportintheEuropeanUnionwas2.2percentinDecember2023.Duringthismonth,astarkdeclinefromthe16percentraterecordedinJuneof2022,butanincreasecomparedtothe1.1deflationexperiencedinJune2023.TheinflationratefortheEUeconomyasawholewas3.4percentinDecember2023.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforcommunicationsintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforcommunicationsintheEU1997-20234%2%0%-2%-4%-6%-8%-10%30Description:TheinflationrateforcommunicationsintheEuropeanUnionwas0.8percentinDecember2023.Whilethepricelevelinthissectorexperiencedaspikein2022and2023comparedtoitspre-pandemiclevels,thisratewasfarbelowtheinflationrateinothersectors.DuringDecember,theinflationrateintheEUeconomyasawholewas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforrecreationandcultureintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforrecreationandcultureintheEU1997-20238.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%-1.0%-2.0%31Description:TheinflationrateforrecreationandcultureintheEuropeanUnionreached3.8percentinDecember2023.Duringthismonth,theinflationratefortheEUeconomyasawholewas3.4percent.

ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforeducationintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforeducationintheEU1997-202312%10%8%6%4%2%0%-2%32Description:TheinflationrateforeducationintheEuropeanUnionwasfivepercentinDecember2023.Duringthismonth,theinflationratefortheEUasawholewas3.4percent,asignificantreductionfromitspeakof11.5percentinOctober2022.

ReadmoreNote(s):EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforrestaurantsandhotelsintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforrestaurantsandhotelsintheEU1997-202312.0%10.0%8.0%6.0%4.0%2.0%0.0%33/statistics/1287166/eu-restaurants-and-hotels-inflation-rateTheinflationrateforrestaurantsandhotelsintheEuropeanUnionwassixpercentinDecember2023.Duringthismonth,theꢀinflationratefortheEUasawholewas3.4percent,asignificantreductionfromitspeakof11.5percentinOctober2022.

ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatHarmonizedindexofconsumerprices(HICP)inflationrateforpersonalcareintheEuropeanUnionfromJanuary1997toDecember2023InflationrateforpersonalcareintheEU1997-202312%10%8%6%4%2%0%-2%34Description:TheinflationrateforpersonalcareintheEuropeanUnionreached4.8percentinDecember2023,representingasharpdeclinefromthe10percentraterecordedinMarchofthesameyear.DuringDecember,theinflationratefortheEUasawholewas3.4percent.ReadmoreNote(s):Europe,EU;January1997toDecember2023Source(s):EurostatCHAPTER

04InflationforecastsForecastedharmonizedindexofconsumerprices(HICP)inflationratefortheEurozonefrom2024to2026,bydifferenteconomicforecastersForecastsfortheinflationrateoftheEurozone2024-2026bydifferentinstitutionsForecasting

institutionIMF20243.3%3.2%2.9%2.7%2.7%2.4%20252.2%2.2%2.3%2.1%2.1%1.9%20262%%EuropeanCommissionOECD%SurveyofProfessionalForecastersECBstaffprojectionsConsensusEconomics%1.9%2%36Description:InflationintheEurocurrencyarea,whichhitapeakof10.6percentinOctober2022,issettocontinuetofallin2024,aseconomicforecastspredictthattheHICPinflationratewillbebetween2.4percentand3.3percentovertheyear.ThismarksasignificantdropfromtherateintheEurozonein2023,whichwas5.5percent,andtherateisforecasttofallevenfurtherin2025,tobetween1.9and2.3percent,nearingtheEuropeanCentralBank'sinflationtargetoftwopercentperannum.

ReadmoreNote(s):Europe,EU;2024to2026Source(s):ECBForecastedharmonizedindicesofconsumerprices(HICP)inflationrateintheEurozonecurrencyareafrom2023to2026,byconsumptioncategoryForecastedHICPinflationrateintheEurozonebyconsumptioncategory2023-20262023202410.9%2025202612%10%8%6.3%5.4%6%5%4%3.2%2.8%2.7%2.7%2.5%2.4%2.3%2.3%2.1%2.1%2.1%1.9%2%1.2%0.3%0%-0.1%-2%-4%-1.9%HICPHICPEnergyHICPFoodHICPexcludingenergyHICPexcludingenergyandfood37Description:AccordingtoprojectionsbystaffoftheEurosystem-thegroupofcentralbanksofcountrieswhichusetheEuroastheircurrency-theannualinflationrateoftheEurozoneissettodeclinesharply,halvingfrom5.4percentin2023to2.7percentin2024,withmoregradualdeclinesin2025and2026.ThisdeclineintherateofincreaseofthepricelevelintheEurozoneisbeingdrivenbycomparativelylowinflationinenergyprices,whichstandsinsharpcontrasttothesituationoftheEUin[...]

ReadmoreNote(s):Europe,EU;2023to2026Source(s):ECBInflationrateintheEuropeanUnionandtheEuroareafrom2018to2028(comparedtothepreviousyear)InflationrateinEUandEuroarea2028EUEuroarea10%9%8%7%6%5%4%3%2%1%0%201820192020202120222023*2024*2025*2026*2027*2028*38Description:ThestatisticshowstheinflationrateintheEuropeanUnionandtheEuroareafrom2018to2022,withprojectionsupuntil2028.Theterminflation,alsoknownascurrencydevaluation(dropinthevalueofmoney),ischaracterizedbyasteadyriseinpricesforfinishedproducts(consumergoods,capitalgoods).Theconsumerpriceindextrackspricetrendsofprivateconsumptionexpenditure,andshowsanincreaseintheindex'scurrentlevelofinflation.In2022,theinflationrateintheEUwas[...]

ReadmoreNote(s):EU;*Estimate.Valueshavebeenrounded.ReadmoreSource(s):IMFAnnualinflationrateoftheConsumerPriceIndexintheUnitedKingdomfrom2000to2028CPIannualinflationrateUK2000-202810%9%8%7%6%5%4%3%2%1%0%39Description:In2024,theannualinflationratefortheUnitedKingdomisexpectedtobe2.2percent,followinganannual