FAIR PAY

 

Statistics: Inflation Across Europe 2005-2012

HICP / CPI Inflation figures for 27 EU countries 2005-2012

The graph below shows cumulative inflation levels for each of the EU countries available from the Office for National Statistics. The inflation index used is the HICP - the Harmonised Index of Consumer Prices (CPI in the UK).



The group of countries experiencing higher inflation over this period mainly consists of EU countries that have not joined the single currency - Bulgaria, Hungary, Latvia, Lithuania and Romania. The exception in this group is the newest addition to the Eurozone, Estonia, which adopted the Euro in 2011.

The following graph shows the same data with an adjusted scale on the Y-axis to show the lower-inflation group of countries in greater detail.



Among the lower-inflation countries, only the Czech Republic, Denmark, Poland, Sweden and the UK are not members of the Eurozone.
Data Source: Office for National Statistics' Consumer Price Inflation October 2013

Edit 4/12/13: "year-on-year inflation" corrected to "cumulative inflation".