European Union Inflation Rate in 2003
Inflation rate in the European Union was 1.86% in 2003. That is 0.34 less than it was in the preceding 2002 and 0.35% less than in the following year of 2004.
In 2003 EU ranked #4 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, % | -0.15 | 0.41 | 0.55 | 0.16 | -0.05 | 0.06 | -0.14 | 0.18 | 0.37 | 0.14 | 0.03 | 0.30 | 1.86 |
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), % | 2.00 | 2.26 | 2.26 | 1.97 | 1.73 | 1.83 | 1.84 | 1.91 | 2.01 | 1.92 | 2.01 | 1.86 | 1.86 |
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), % | -0.15 | 0.25 | 0.80 | 0.97 | 0.92 | 0.98 | 0.84 | 1.02 | 1.39 | 1.53 | 1.55 | 1.86 | 1.86 |
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