July 17, 2024EU AND EURO AREA CONSUMER PRICE INDEX, JUNE 2024 Year-over-year (June 2024 vs June 2023)
The inflation rate slowed to 2.6% in the European Union and to 2.5% in the Euro Area in June 2024.
![](https://novascotia.ca/finance/statistics/media/20240717-euCPIm1.jpg)
The fastest inflation was reported in Belgium and Romania while the slowest inflation rates were in Finland, Italy, and Lithuania.
![](https://novascotia.ca/finance/statistics/media/20240717-euCPIm2.jpg)
Energy prices rose 0.2% both in the European Union and Euro Area in June 2024.
![](https://novascotia.ca/finance/statistics/media/20240717-euCPIm3a.jpg)
Food price inflation has continued to slow to 1.3% for the European Union and 1.6% in the Euro Area in June 2024.
![](https://novascotia.ca/finance/statistics/media/20240717-euCPIm4.jpg)
Excluding the impacts of energy, food, alcohol and tobacco prices year-over-year inflation slowed to 3.1% in the European Union and to 2.9% in the Euro Area in June 2024.
![](https://novascotia.ca/finance/statistics/media/20240717-euCPIm5.jpg)
Source: Eurostat; Eurostat Data