Last updated: 29 September 2023 11:00 CEST
Series key: ICP.M.U2.N.000000.4.ANR
Monthly Euro area (changing composition) Neither seasonally nor working day adjus... HICP - Overall index Eurostat Annual rate of change
Monthly Euro area (changing ... Neither seasonally n... HICP - Overall index Eurostat Annual rate of chang...
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Additional information about the time series

The timeline shows the inflation rate measured by the Harmonised Index of Consumer Prices (HICP) in Euro area (changing composition) from January 1997 to September 2023. In September 2023, the HICP inflation rate in the euro area decreased to 4.3 in September 2023 compared to 5.2 in August 2023.

Inflation is the general increase in the overall price level of goods and services typically bought by households (citizens). It is measured as the average price change over a given period of time for a basket of goods and services that are typically bought in the economy. In the euro area, it is measured as changes in the Harmonised Index of Consumer Prices (HICP) compared with the same period one year earlier (“year-on-year” changes). The HICP is broken down following the European classification of individual consumption according to purpose (ECOICOP) and by goods and services aggregates derived from it.