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November 20, 2024EU AND EURO AREA CONSUMER PRICE INDEX, OCTOBER 2024 Year-over-year (October 2024 vs October 2023)
The inflation rate rose to 2.3% in the European Union and to 2.0% in the Euro Area in October 2024.
The fastest inflation was reported in Romania, Belgium and Estonia while the slowest inflation rates were in Slovenia, Lithuania, and Ireland.
Energy prices declined 3.3% in the European Union and 4.6% in the Euro Area in October 2024.
Food price inflation accelerated to 2.4% for the European Union and up 2.0% in the Euro Area in October 2024.
Excluding the impacts of energy, food, alcohol and tobacco prices year-over-year inflation remained at 2.9% in the European Union and at 2.7% in the Euro Area in October 2024.
Source: Eurostat; Eurostat Data
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