inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021.
As of March 2023, the inflation rate in the European Union was eight percent, with prices rising fastest in Hungary, which had an inflation rate of 25.6 percent. By contrast, the inflation rate in Luxembourg was 2.9 percent, the lowest in the EU during this month. The rate of Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country
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Overview
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Eurostat. (February 24, 2023). Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country [Graph]. In Statista. Retrieved June 01, 2023, from https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
Eurostat. "Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country." Chart. February 24, 2023. Statista. Accessed June 01, 2023. https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
Eurostat. (2023). Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country. Statista. Statista Inc.. Accessed: June 01, 2023. https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
Eurostat. "Harmonized Index of Consumer Prices (Hicp) Inflation Rate in Europe in March 2023, by Country." Statista, Statista Inc., 24 Feb 2023, https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
Eurostat, Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country Statista, https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/ (last visited June 01, 2023)
Harmonized index of consumer prices (HICP) inflation rate in Europe in March 2023, by country [Graph], Eurostat, February 24, 2023. [Online]. Available: https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/