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:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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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