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Inflation: International: Key Economic Indicators

Published Thursday, June 2, 2016

Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.

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

UK inflation was 0.3% in the year to April 2016, down from 0.5% in March.

Eurozone inflation is provisionally estimated as -0.1% in May compared with -0.2% in April.

Inflation was negative in a number of large EU economies in April, including Germany, France, Italy, Spain and Poland. Belgium had the highest annual inflation rate in the EU at 1.5% in April, followed by Sweden at 1.0%. The lowest annual inflation rate in the EU was Romania (-2.6%) followed by Bulgaria (-2.5%).

 

 

 

Commons Briefing papers SN02794

Author: Dominic Webb

Topics: Economic policy, Economic situation, World economy

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