Inflation Rate 2024 By Month Europe. Two inflation rates are being presented: European union inflation rate for 2021 was 2.55% , a 2.08% increase from 2020.

An inflation rate of 2% ensures price stability and supports the ecb’s goals by preventing deflation risks and maintaining effective monetary policy. Headline inflation has fallen faster and from a higher peak in the euro area than in the united states in annual percentage terms − from 10.6% in october 2022 to 2.6% in.