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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 2.3% in the year to October, up from 1.7% in the year to September. In the year to October 2023, UK inflation was 4.6%.

EU inflation was 2.3% in the year to October, up from 2.1% in the year to September. In the year to October 2023, EU inflation was 3.6%.

Inflation in the Eurozone is provisionally estimated as 2.3% in the year to November, up from 2.0% in the year to October. In the year to November 2023, Eurozone inflation was 2.4%.

In Germany, inflation is provisionally estimated as 2.4% in the year to November, unchanged from the year to October.

In France, inflation is provisionally estimated as 1.7% in the year to November, up from 1.6% in the year to October.

Romania had the highest inflation rate in the EU in the year to October (5.0%). Slovenia had the lowest inflation rate (0.0%).

This briefing is part of our Economic Indicators series. Visit the main Economic Indicators page to see data on other parts of the economy.


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