European Union Inflation Rate in 1998
Inflation rate in the European Union was 0.97% in 1998. That is 0.65 less than it was in the preceding 1997 and 0.69% less than in the following year of 1999.
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 | 0.24 | 0.18 | 0.31 | 0.26 | 0.01 | -0.11 | 0.08 | 0.07 | -0.01 | 0.01 | 0.10 | 0.97 |
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), % | 1.28 | 1.31 | 1.32 | 1.59 | 1.55 | 1.51 | 1.43 | 1.28 | 1.17 | 1.10 | 0.99 | 0.97 | 0.97 |
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 | 0.07 | 0.25 | 0.56 | 0.82 | 0.83 | 0.72 | 0.81 | 0.88 | 0.86 | 0.88 | 0.97 | 0.97 |
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