European Inflation Rates By Country 2024. The latest inflation data bolsters the case for an initial rate cut from the federal reserve next month—but perhaps not a supersized one. In 2024, growth is now expected to reach 0.9% (from 1.3%) in the eu and 0.8% (from 1.2%) in the euro area.
The harmonised inflation rate is based upon the consumer price index (hicp, published by eurostat to compare inflation in european countries). This page provides values for inflation rate reported in several countries part of europe.