{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"europe-inflation-rate-by-country","url":"https://apiardata.com/statistics/europe-inflation-rate-by-country","html_url":"https://apiardata.com/statistics/europe-inflation-rate-by-country/","title":"Inflation Rate in Europe by Country (2025)","description":"Annual average HICP inflation across 35 European countries in 2025: Turkey highest at 34.9%, Switzerland lowest at 0.1%, median 2.9%. Eurostat data.","domain":"prices","category":"Prices & Inflation","keywords":["Prices & Inflation","HICP","Consumer Prices","Europe","Eurostat"],"publisher":"Eurostat","frequency":"Annual","temporal_coverage":"2006/2025","unit":"% annual inflation","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Annual average HICP inflation rate","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/PRC_HICP_AIND/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Reference year","value":"2025"},{"label":"Coverage","value":"2006–2025"},{"label":"Countries","value":"35"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Average of the panel (2025)","value":"3.9","unit":"percent, annual inflation","trend":{"direction":"down","value":"-0.5pp vs 2024"}},{"label":"Highest","value":"34.9","unit":"Turkey"},{"label":"Lowest","value":"0.1","unit":"Switzerland"},{"label":"Countries ranked","value":"35","unit":"with a published figure"}],"series":[{"key":"value","label":"Average annual HICP inflation"}],"observation_count":20,"observations":[{"period":"2006","value":3.2},{"period":"2007","value":3.3},{"period":"2008","value":5.7},{"period":"2009","value":1.9},{"period":"2010","value":2.3},{"period":"2011","value":3.2},{"period":"2012","value":2.9},{"period":"2013","value":1.6},{"period":"2014","value":0.6},{"period":"2015","value":0.2},{"period":"2016","value":0.5},{"period":"2017","value":1.9},{"period":"2018","value":2.3},{"period":"2019","value":2.1},{"period":"2020","value":1.1},{"period":"2021","value":3.4},{"period":"2022","value":12.2},{"period":"2023","value":8.3},{"period":"2024","value":4.4},{"period":"2025","value":3.9}],"table":{"columns":[{"key":"rank","label":"#"},{"key":"country","label":"Country"},{"key":"value","label":"% annual inflation"},{"key":"yoyChange","label":"Change vs 2024"}],"rows":[{"rank":"1","country":"Turkey","value":"34.9","yoyChange":"-23.6pp"},{"rank":"2","country":"Romania","value":"6.8","yoyChange":"+0.9pp"},{"rank":"3","country":"Estonia","value":"4.8","yoyChange":"+1.1pp"},{"rank":"4","country":"Hungary","value":"4.4","yoyChange":"+0.7pp"},{"rank":"5","country":"Croatia","value":"4.4","yoyChange":"+0.4pp"},{"rank":"6","country":"North Macedonia","value":"4.3","yoyChange":"+0.1pp"},{"rank":"7","country":"Slovakia","value":"4.2","yoyChange":"+1.1pp"},{"rank":"8","country":"Serbia","value":"4.1","yoyChange":"-0.7pp"},{"rank":"9","country":"Montenegro","value":"4.1","yoyChange":"+0.5pp"},{"rank":"10","country":"Latvia","value":"3.8","yoyChange":"+2.5pp"},{"rank":"11","country":"Iceland","value":"3.7","yoyChange":"-0.8pp"},{"rank":"12","country":"Austria","value":"3.6","yoyChange":"+0.7pp"},{"rank":"13","country":"Bulgaria","value":"3.5","yoyChange":"+0.9pp"},{"rank":"14","country":"Lithuania","value":"3.4","yoyChange":"+2.6pp"},{"rank":"15","country":"Poland","value":"3.4","yoyChange":"-0.3pp"},{"rank":"16","country":"Belgium","value":"3.0","yoyChange":"-1.3pp"},{"rank":"17","country":"Netherlands","value":"3.0","yoyChange":"-0.2pp"},{"rank":"18","country":"Greece","value":"2.9","yoyChange":"-0.1pp"},{"rank":"19","country":"Norway","value":"2.8","yoyChange":"-0.1pp"},{"rank":"20","country":"Spain","value":"2.7","yoyChange":"-0.2pp"},{"rank":"21","country":"Sweden","value":"2.6","yoyChange":"+0.6pp"},{"rank":"22","country":"Luxembourg","value":"2.5","yoyChange":"+0.3pp"},{"rank":"23","country":"Slovenia","value":"2.5","yoyChange":"+0.5pp"},{"rank":"24","country":"Malta","value":"2.4","yoyChange":"unchanged"},{"rank":"25","country":"Albania","value":"2.3","yoyChange":"-0.2pp"},{"rank":"26","country":"Czechia","value":"2.3","yoyChange":"-0.4pp"},{"rank":"27","country":"Germany","value":"2.2","yoyChange":"-0.2pp"},{"rank":"28","country":"Portugal","value":"2.2","yoyChange":"-0.5pp"},{"rank":"29","country":"Ireland","value":"2.1","yoyChange":"+0.7pp"},{"rank":"30","country":"Denmark","value":"1.8","yoyChange":"+0.6pp"},{"rank":"31","country":"Finland","value":"1.8","yoyChange":"+0.8pp"},{"rank":"32","country":"Italy","value":"1.6","yoyChange":"+0.5pp"},{"rank":"33","country":"France","value":"0.9","yoyChange":"-1.4pp"},{"rank":"34","country":"Cyprus","value":"0.8","yoyChange":"-1.4pp"},{"rank":"35","country":"Switzerland","value":"0.1","yoyChange":"-1.0pp"}]},"qa":[{"question":"Which European country has the highest inflation?","answer":"Turkey, at 34.9% in 2025 — an outlier several times larger than any other country here, and the product of a currency crisis rather than of the same cost pressures affecting the rest of the continent. Excluding Turkey, Romania was highest at 6.8%, followed by Estonia, Hungary and Croatia."},{"question":"Which European country has the lowest inflation?","answer":"Switzerland, at 0.1%, with Cyprus, France and Italy also below the 2% target the European Central Bank sets for the euro area. Switzerland's persistently low inflation reflects a strong franc, which suppresses imported prices, and a large share of administered prices in the consumer basket."},{"question":"What is HICP and why is it used instead of national CPI?","answer":"The Harmonised Index of Consumer Prices is compiled to a single EU-wide methodology covering which items are in the basket, how they are weighted and how owner-occupied housing is treated. National CPI measures differ on all three points — the UK's and Germany's historic indices treat housing costs quite differently, for instance — so headline national inflation figures are not directly comparable. HICP exists to make this ranking possible, and it is the measure the ECB targets."}]}