European Inflation Rates By Country 2024. Let me focus on the disinflation patterns since august 2023 (the month immediately prior to our last rate. Ecb staff now expect the euro area economy to expand by 0.7% in 2023, 1.0% in 2024 and 1.5% in 2025.

Inflation rate in european union increased to 2.80 percent in july from 2.60 percent in june of 2024. The hicp is compiled by eurostat, the statistical office of the european union, and the national statistical institutes of eu member states.