GeraCash / Euro Area & EU Inflation
Euro Area & EU Inflation Rate — HICP by Country
Inflation is the rate at which average prices rise over time, which steadily reduces what each euro can buy. Euro-area consumer prices rose 2.0% in the year to December 2025 on the Harmonised Index of Consumer Prices (HICP) — published by Eurostat. Compare HICP inflation across 27 EU countries below.
What is the inflation rate in the euro area and across the EU?
Euro-area consumer prices rose 2.0% in the year to December 2025 on the Harmonised Index of Consumer Prices (HICP, all-items CP00; Eurostat, CC-BY 4.0). At that rate, a basket of goods that cost €1,000.00 a year earlier costs about €1,020.00 today. Across the 27 reporting countries, annual HICP inflation ranges from 0.1% in Cyprus to 8.6% in Romania.
Latest euro-area inflation rate (December 2025)
Euro area — HICP annual rate
2.0%
All-items HICP · 12-month change to December 2025
Highest — Romania
8.6%
highest national HICP rate
Lowest — Cyprus
0.1%
lowest national HICP rate
EU inflation by country (December 2025)
| # | Country | HICP annual rate | vs euro area | €1,000.00 after 1 year |
|---|---|---|---|---|
| 1 | Romania | 8.6% | +6.6 pp | €1,086.00 |
| 2 | Slovakia | 4.1% | +2.1 pp | €1,041.00 |
| 3 | Estonia | 4.0% | +2.0 pp | €1,040.00 |
| 4 | Austria | 3.8% | +1.8 pp | €1,038.00 |
| 5 | Croatia | 3.8% | +1.8 pp | €1,038.00 |
| 6 | Bulgaria | 3.5% | +1.5 pp | €1,035.00 |
| 7 | Latvia | 3.4% | +1.4 pp | €1,034.00 |
| 8 | Hungary | 3.3% | +1.3 pp | €1,033.00 |
| 9 | Luxembourg | 3.3% | +1.3 pp | €1,033.00 |
| 10 | Lithuania | 3.2% | +1.2 pp | €1,032.00 |
| 11 | Spain | 3.0% | +1.0 pp | €1,030.00 |
| 12 | Greece | 2.9% | +0.9 pp | €1,029.00 |
| 13 | Ireland | 2.7% | +0.7 pp | €1,027.00 |
| 14 | Netherlands | 2.7% | +0.7 pp | €1,027.00 |
| 15 | Slovenia | 2.6% | +0.6 pp | €1,026.00 |
| 16 | Poland | 2.5% | +0.5 pp | €1,025.00 |
| 17 | Malta | 2.4% | +0.4 pp | €1,024.00 |
| 18 | Portugal | 2.4% | +0.4 pp | €1,024.00 |
| 19 | Belgium | 2.2% | +0.2 pp | €1,022.00 |
| 20 | Sweden | 2.1% | +0.1 pp | €1,021.00 |
| 21 | Germany | 2.0% | +0.0 pp | €1,020.00 |
| 22 | Denmark | 1.9% | -0.1 pp | €1,019.00 |
| 23 | Czechia | 1.8% | -0.2 pp | €1,018.00 |
| 24 | Finland | 1.7% | -0.3 pp | €1,017.00 |
| 25 | Italy | 1.2% | -0.8 pp | €1,012.00 |
| 26 | France | 0.7% | -1.3 pp | €1,007.00 |
| 27 | Cyprus | 0.1% | -1.9 pp | €1,001.00 |
vs euro area = country rate − euro-area rate, in percentage points (pp). Cost after one year = €1,000.00 × (1 + rate ÷ 100). The euro-area aggregate covers EU members that use the euro; the table also includes EU countries with their own currencies. No figures are estimated — every value comes from the published Eurostat HICP series.
Inflation rate by country
Pick a country to see its latest HICP inflation rate, how it compares to the euro-area average, and what a year of inflation does to €1,000.00 of spending.
Euro area & EU inflation: frequently asked questions
- What is the current euro-area inflation rate (December 2025)?
- In the year to December 2025, euro-area inflation was 2.0% on the Harmonised Index of Consumer Prices (HICP, all-items). This is the annual rate of change published by Eurostat (series prc_hicp_manr, COICOP CP00). Source: Eurostat HICP — annual rate of change (prc_hicp_manr, CP00, RCH_A), CC-BY 4.0.
- What is the HICP and who publishes it?
- The HICP — Harmonised Index of Consumer Prices — is the official measure of consumer-price inflation across the EU, published monthly by Eurostat (the statistical office of the European Union). It is "harmonised" so inflation can be compared on the same basis between countries. The euro-area aggregate is the headline figure the European Central Bank targets at 2% over the medium term. Eurostat data is published under CC-BY 4.0.
- Which EU country has the highest and lowest inflation (December 2025)?
- In the year to December 2025, Romania had the highest annual HICP inflation among the reporting countries at 8.6%, and Cyprus the lowest at 0.1%. The euro-area aggregate was 2.0%. All figures are Eurostat HICP annual rates of change for 2025-12.
- How much more does €1,000.00 of spending cost after a year of euro-area inflation?
- At the euro-area HICP rate of 2.0%, a basket that cost €1,000.00 a year ago costs about €1,020.00 now — roughly €20.00 more. The calculation is amount × (1 + rate ÷ 100). Each country's per-page figure applies its own national HICP rate.
- Is the euro-area rate the same as the EU rate?
- Not exactly. The euro area covers the EU members that use the euro, while the wider EU also includes countries with their own currencies (for example Poland, Sweden, Czechia, Hungary, Bulgaria, Denmark and Romania). The euro-area HICP aggregate shown here is 2.0%; individual countries — euro and non-euro — are listed in the table below.
- Does this rate apply to everyone in a country?
- No. The HICP measures the average annual price change across a representative basket for households in each country. Your personal inflation rate depends on what you actually buy — households spending more on energy, rent or food may experience higher or lower rates than the published national figure.
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Data source
Contains public sector information published by Eurostat (European Union) and licensed under the CC-BY 4.0. Source: Eurostat — Harmonised Index of Consumer Prices (HICP), annual rate of change (2025-12).
Eurostat HICP — annual rate of change (prc_hicp_manr, CP00, RCH_A), CC-BY 4.0. Reference period 2025-12. Calculations performed by Gera from the published Eurostat HICP series — no figures are estimated.
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