International Inflation: Key Economic Indicators

UK inflation, as measured by the CPI, was 0.7% in January, up from 0.6% in December. UK inflation was 1.8% in January 2020.

EU inflation was 1.2% in January, up from 0.3% in December. EU inflation was 1.7% in January 2020. These figures exclude the UK.

Inflation in the Eurozone is provisionally estimated as 0.9% in February, unchanged from January. Eurozone inflation was 1.2% in February 2020.

In Germany, inflation is provisionally estimated as 1.6% in February unchanged from January; in France it is provisionally estimated as 0.7% in February, compared with 0.8% in January.

Poland had the highest inflation rate in the EU in January (3.6%). The lowest inflation rate was in Greece (-2.4%).