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European Union Inflation Rate 2020s

Name: European Union Inflation Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

4.12% decade average (2020-2029)

European Union's inflation rate during the 2020s ranged from 0.48% (2020) to 8.83% (2022), averaging 4.12% over 5 years of data.

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2020s Data▾

Year	Value	Change	Rank
2020	0.48%	−1.15pp	52nd
2021	2.55%	+2.08pp	76th
2022	8.83%	+6.28pp	115th
2023	6.30%	−2.53pp	113th
2024	2.44%	−3.86pp	74th