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Economic indicators are quick-read summaries of the latest data focusing on different aspects of the UK economy. The full suite of indicators can be found on the main Economic Indicators page.

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

UK inflation was 3.0% in January, up from 2.5% in December. UK inflation was 4.0% in January 2024.

EU inflation was 2.8% in January, up from 2.7% in December. In Janaury 2024, EU inflation was 3.1%.

Inflation in the Eurozone (the EU member states that use the euro as their currency) is provisionally estimated as 2.4% in February, down slightly on 2.5% in January. In February 2024, Eurozone inflation was 2.6%.

In germany, inflation is provisionally estimated as 2.8% in February, unchanged from January.

In France, inflation is provisionally estimated as 0.9% in February, down from 1.8% in January.

Hungary had the highest inflation rate in the EU in January (5.7%). Denmark had the lowest inflation rate (1.4%).

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