Euro area annual inflation down to 2.1%
Overview
Euro area annual inflation is expected to be 2.1% in October 2025, down from 2.2% in September according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, services is expected to have the highest annual rate in October (3.4%, compared with 3.2% in September), followed by food, alcohol & tobacco (2.5%, compared with 3.0% in September), non-energy industrial goods (0.6%, compared with 0.8% in September) and energy (-1.0%, compared with -0.4% in September).
Tables
Euro area annual inflation and its components (%) |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
Weights (‰) |
Annual rate |
Monthly rate |
|||||||
2025 |
Oct 24 |
May 25 |
Jun 25 |
Jul 25 |
Aug 25 |
Sep 25 |
Oct 25 |
Oct 25 |
|
All-items HICP |
1000.0 |
2.0 |
1.9 |
2.0 |
2.0 |
2.0 |
2.2 |
2.1e |
0.2e |
All-items excluding: energy |
906.0 |
2.7 |
2.5 |
2.5 |
2.5 |
2.5 |
2.5 |
2.4e |
0.2e |
energy, unprocessed food |
863.4 |
2.7 |
2.4 |
2.4 |
2.4 |
2.3 |
2.4 |
2.4e |
0.2e |
energy, food, alcohol & tobacco |
712.8 |
2.7 |
2.3 |
2.3 |
2.3 |
2.3 |
2.4 |
2.4e |
0.3e |
Food, alcohol & tobacco |
193.3 |
2.9 |
3.2 |
3.1 |
3.3 |
3.2 |
3.0 |
2.5e |
0.2e |
processed food, alcohol & tobacco |
150.6 |
2.8 |
2.9 |
2.6 |
2.7 |
2.6 |
2.6 |
2.4e |
0.1e |
unprocessed food |
42.7 |
3.0 |
4.3 |
4.6 |
5.4 |
5.5 |
4.7 |
3.2e |
0.7e |
Energy |
94.0 |
-4.6 |
-3.6 |
-2.6 |
-2.4 |
-2.0 |
-0.4 |
-1.0e |
-0.2e |
Non-energy industrial goods |
256.3 |
0.5 |
0.6 |
0.5 |
0.8 |
0.8 |
0.8 |
0.6e |
0.5e |
Services |
456.5 |
4.0 |
3.2 |
3.3 |
3.2 |
3.1 |
3.2 |
3.4e |
0.1e |
e estimate Source dataset: prc_hicp_manr and prc_hicp_mmor
|
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Inflation rates (%) measured by the HICP |
||||||||
|---|---|---|---|---|---|---|---|---|
Annual rate |
Monthly rate |
|||||||
Oct 24 |
May 25 |
Jun 25 |
Jul 25 |
Aug 25 |
Sep 25 |
Oct 25 |
Oct 25 |
|
Belgium |
4.5 |
2.8 |
2.9 |
2.6 |
2.6 |
2.7 |
2.5e |
0.4e |
Germany |
2.4 |
2.1 |
2.0 |
1.8 |
2.1 |
2.4 |
2.3e |
0.3e |
Estonia |
4.5 |
4.6 |
5.2 |
5.6 |
6.2 |
5.3 |
4.5e |
0.0e |
Ireland |
0.1 |
1.4 |
1.6 |
1.6 |
1.9 |
2.7 |
2.7e |
0.2e |
Greece |
3.1 |
3.3 |
3.6 |
3.7 |
3.1 |
1.8 |
1.7e |
-0.1e |
Spain |
1.8 |
2.0 |
2.3 |
2.7 |
2.7 |
3.0 |
3.2e |
0.5e |
France |
1.6 |
0.6 |
0.9 |
0.9 |
0.8 |
1.1 |
0.9e |
0.1e |
Croatia |
3.6 |
4.3 |
4.4 |
4.5 |
4.6 |
4.6 |
4.0e |
0.2e |
Italy |
1.0 |
1.7 |
1.8 |
1.7 |
1.6 |
1.8 |
1.3e |
-0.2e |
Cyprus |
1.6 |
0.4 |
0.5 |
0.1 |
0.0 |
0.0 |
0.3e |
0.2e |
Latvia |
2.1 |
3.7 |
3.9 |
3.9 |
4.2 |
4.2 |
4.2e |
0.2e |
Lithuania |
0.1 |
3.0 |
3.2 |
3.4 |
3.6 |
3.7 |
3.7e |
0.1e |
Luxembourg |
0.9 |
2.1 |
2.4 |
2.6 |
2.8 |
3.1 |
3.0e |
-0.1e |
Malta |
2.4 |
2.7 |
2.5 |
2.5 |
2.7 |
2.4 |
2.4e |
-1.0e |
Netherlands |
3.3 |
2.9 |
2.8 |
2.5 |
2.4 |
3.0 |
3.0e |
0.6e |
Austria |
1.8 |
3.0 |
3.2 |
3.7 |
4.1 |
3.9 |
4.0e |
0.5e |
Portugal |
2.6 |
1.7 |
2.1 |
2.5 |
2.5 |
1.9 |
2.0e |
-0.3e |
Slovenia |
0.0 |
1.9 |
2.5 |
2.9 |
3.0 |
2.7 |
3.1e |
0.1e |
Slovakia |
3.5 |
4.3 |
4.6 |
4.6 |
4.4 |
4.6 |
3.8e |
0.0e |
Finland |
1.5 |
2.0 |
1.9 |
1.9 |
2.2 |
2.2 |
1.5e |
0.0e |
e estimate Source dataset: prc_hicp_manr and prc_hicp_mmor
|
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Notes for users
Revisions and timetable
The euro area inflation flash estimate is issued at the end of each reference month.
The complete set of harmonised indices of consumer prices (HICP) for the euro area, EU and Member States is released around the middle of the month following the reference month.
The next release with full data for October 2025 is scheduled for 19 November 2025.
Methods and definitions
Annual inflation is the price change of consumer goods and services between the current month and the same month of the previous year. Monthly inflation is the price change between the current month and the previous month.
Geographical information
The euro area consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The euro area data refer to the country composition at a specific point in time. Changes in the composition of the euro area are incorporated using a chain index formula.
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Get in touch
Further information on data
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