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Eurozone inflation rate drops/Significant changes in 14 countries

2025-03-19 16:07:00, Ekonomi CNA

Eurozone inflation rate drops/Significant changes in 14 countries

The Statistical Office of the European Union has today published the latest data regarding inflation in Europe and specifically in the eurozone countries.

According to the data, the eurozone inflation rate decreased from 2.5% in January to 2.3% in February. Meanwhile, compared to a year earlier, this rate was 0.3% higher.

The eurozone inflation rate was 2.3% in February 2025, down from 2.5% in January. A year earlier, the rate was 2.6%. The European Union's annual inflation rate was 2.7% in February 2025, down from 2.8% in January. A year earlier, the rate was 2.8%. These figures were published by Eurostat, the statistical office of the European Union.

The lowest annual rates were recorded in France (0.9%), Ireland (1.4%) and Finland (1.5%). The highest annual rates were recorded in Hungary (5.7%), Romania (5.2%) and Estonia (5.1%). Compared with January 2025, annual inflation fell in fourteen Member States, remained stable in six and increased in seven.

It is also noted that inflation in the eurozone came from services, followed by food, alcohol and tobacco.

In February 2025, the highest contribution to the annual euro area inflation rate came from services (+1.66 percentage points, pp), followed by food, alcohol and tobacco (+0.52 pp), non-energy industrial goods (+0.14 pp) and energy (+0.01 pp). /CNA





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