2024 Inflation Rate By Month Europe
2024 Inflation Rate By Month Europe. Inflation rate in european union decreased to 2.40 percent in august from 2.80 percent in july of 2024. Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united.
January 2024’s figures show, the annual inflation ranged from 0.9% to 7.3% in the eu. An inflation rate of 2% ensures price stability and supports the ecb’s goals by preventing deflation risks and maintaining effective monetary policy.
