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International Inflation: Key Economic Indicators

Published Friday, January 31, 2020

International Inflation: Harmonised Index of Comsumer Prices data on international inflation rates.

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UK inflation, as measured by the CPI, was 1.3% in the year to December 2019, down from 1.5% in November. UK inflation was 2.1% in December 2018.

EU inflation was 1.6% in December 2019, up from 1.3% in November. EU inflation was 1.6% in December 2018.

Inflation in the Eurozone is provisionally estimated as 1.4% in January, up from 1.3% in December. Eurozone inflation was 1.4% in January 2019.

In Germany, inflation is provisionally estimated as 1.6% in January compared with 1.5% in December; in France it was 1.6% in January, unchanged from December.

Hungary had the highest inflation rate in the EU in December (4.1%). The lowest inflation rate in the EU was in Portugal (0.4%).

Commons Briefing papers SN02794

Author: Dominic Webb

Topics: Economic policy, Economic situation, World economy

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