International Inflation: Key Economic Indicators

Inflation in the EU can be compared using the standard Harmonised Index of Consumer Prices (HICP), or the CPI as it is known in the UK. 

UK inflation, as measured by the CPI, was 2.5% in the year to June, up from 2.1% in May. UK inflation was 0.6% in June 2020. 

EU inflation was 2.2% in June, down from 2.3% in May. EU inflation was 0.8% in June 2020.

In Germany, inflation was 2.1% in June, compared with 2.4% in May.

In France, inflation was 1.9% in June compared with 1.8% in May.

Hungary had the highest inflation rate in the EU in June (5.3%). The lowest inflation rate was in Portugal (-0.6%).