euroflation.

Evrusvæðið

The euro area has covered 21 member states since Bulgaria adopted the euro on 1 January 2026. Harmonised inflation (HICP) across the bloc is 2.8%, against the ECB's 2% target. That single number averages 21 very different economies under one monetary policy, so the country-by-country spread often says more than the headline.

Harmonised inflation (HICP) · annual rate
2.8%
vs 2% target
+0.8pp

Evrusvæðið's harmonised inflation is 2.8% as of June 2026abovethe European Central Bank's 2% target by 0.8 percentage points.

Core (excl. energy & food)
2.4%
0.2pp vs prev
Energy
8.7%
2.2pp vs prev
Food
1.6%
0.3pp vs prev
Services
3.2%
0.3pp vs prev
Evrusvæðið — annual HICP inflation rate, last 10 years
Source: Eurostat (HICP) · data through June 2026 · modifications: none

See how each member state diverges on the inflation-by-country ranking →