European Union Inflation Rate in 1997
Inflation rate in the European Union was 1.62% in 1997. That is 0.39 less than it was in the preceding 1996 and 0.65% more than in the following year of 1998.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
|Month to month, %||0.17||0.21||0.17||0.04||0.29||0.06||-0.03||0.22||0.18||0.06||0.13||0.11||1.62|
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
|Year over year (12 months), %||2.19||1.97||1.70||1.47||1.51||1.53||1.66||1.83||1.72||1.70||1.78||1.62||1.62|
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
|Progressive (year to date), %||0.17||0.38||0.55||0.59||0.89||0.95||0.92||1.14||1.33||1.38||1.51||1.62||1.62|
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