The Consumer Price Index in European Union increased 0.30 percent in May of 2021 over the previous month. source: EUROSTAT
Inflation Rate Mom in European Union averaged 0.20 percent from 1996 until 2021, reaching an all time high of 2.50 percent in February of 1997 and a record low of -1.30 percent in January of 2015. This page provides the latest reported value for - European Union Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Inflation Rate MoM - values, historical data and charts - was last updated on July of 2021.
Inflation Rate Mom in European Union is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in European Union to stand at 0.40 in 12 months time. In the long-term, the European Union Inflation Rate MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.