Inflation by country

Harmonised annual inflation (HICP) across European economies, July 2026. Very different outcomes across the continent: Romania is hottest at 8.2%, while Sweden is coolest at 0.3% — the eurozone average is 3.0%.

Compare countries over time

Toggle countries and switch between headline and component inflation to overlay trends on one chart. The euro-area average (dashed) is the benchmark.

Latest ranking

					12-mo trend
🇷🇴Romania	8.2%July 2026	9.2%	▼ 1.0	▲ 1.6	▲
🇮🇸Iceland	5.6%July 2026	5.1%	▲ 0.5	▲ 1.9	▲
🇱🇹Lithuania	5.4%July 2026	5.4%	0.0	▲ 2.0	▲
🇧🇬Bulgaria	4.4%July 2026	5.2%	▼ 0.8	▲ 1.0	▲
🇨🇾Cyprus	4.4%July 2026	4.1%	▲ 0.3	▲ 4.3	▲
🇪🇸Spain	3.9%July 2026	3.6%	▲ 0.3	▲ 1.2	▲
🇧🇪Belgium	3.6%July 2026	3.3%	▲ 0.3	▲ 1.0	▲
🇭🇷Croatia	3.6%July 2026	4.2%	▼ 0.6	▼ 0.9	▼
🇱🇺Luxembourg	3.4%July 2026	3.7%	▼ 0.3	▲ 0.8	▲
🇸🇰Slovakia	3.2%July 2026	3.5%	▼ 0.3	▼ 1.4	▼
🇮🇪Ireland	3.1%July 2026	3.2%	▼ 0.1	▲ 1.5	▲
🇵🇱Poland	3.1%July 2026	3.0%	▲ 0.1	▲ 0.2	▲
🇵🇹Portugal	3.1%July 2026	3.1%	0.0	▲ 0.6	▲
🇳🇱Netherlands	3.0%July 2026	2.5%	▲ 0.5	▲ 0.4	▲
🇸🇮Slovenia	3.0%July 2026	3.7%	▼ 0.7	▲ 0.1	▲
🇮🇹Italy	2.9%July 2026	3.0%	▼ 0.1	▲ 1.2	▲
🇳🇴Norway	2.9%July 2026	2.6%	▲ 0.3	▼ 0.2	▼
🇩🇪Germany	2.8%July 2026	2.4%	▲ 0.4	▲ 0.9	▲
🇦🇹Austria	2.7%July 2026	3.2%	▼ 0.5	▼ 1.0	▼
🇬🇷Greece	2.7%July 2026	3.9%	▼ 1.2	▼ 1.0	▼
🇫🇮Finland	2.5%July 2026	2.7%	▼ 0.2	▲ 0.6	▲
🇱🇻Latvia	2.5%July 2026	3.3%	▼ 0.8	▼ 1.4	▼
🇫🇷France	2.4%July 2026	2.0%	▲ 0.4	▲ 1.5	▲
🇲🇹Malta	2.1%July 2026	2.0%	▲ 0.1	▼ 0.4	▼
🇪🇪Estonia	2.0%July 2026	2.0%	0.0	▼ 3.6	▼
🇩🇰Denmark	1.6%July 2026	1.8%	▼ 0.2	▼ 0.6	▼
🇭🇺Hungary	1.6%July 2026	2.1%	▼ 0.5	▼ 2.6	▼
🇨🇿Czechia	1.3%July 2026	1.1%	▲ 0.2	▼ 1.2	▼
🇨🇭Switzerland	0.7%July 2026	0.7%	0.0	▲ 0.6	▲
🇸🇪Sweden	0.3%July 2026	1.0%	▼ 0.7	▼ 2.8	▼

rising / above 2% target falling / below target▲▼ arrows always paired with colour (colourblind-safe)Tap a column header to sort.

See the euro-area aggregate →