European Union Inflation Rate in 2002
Inflation rate in the European Union was 2.20% in 2002. That is 0.30 more than it was in the preceding 2001 and 0.34% more than in the following year of 2003.
In 2002 EU ranked #5 in the world by yearly inflation rate.
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, % | 0.04 | 0.16 | 0.54 | 0.45 | 0.18 | -0.04 | -0.14 | 0.10 | 0.27 | 0.23 | -0.06 | 0.45 | 2.20 |
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), % | 2.45 | 2.31 | 2.35 | 2.19 | 1.84 | 1.66 | 1.84 | 1.95 | 1.92 | 2.13 | 2.15 | 2.20 | 2.20 |
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), % | 0.04 | 0.19 | 0.74 | 1.20 | 1.38 | 1.34 | 1.20 | 1.30 | 1.57 | 1.81 | 1.74 | 2.20 | 2.20 |
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