European Union Inflation Rate in 2004
Inflation rate in the European Union was 2.21% in 2004. That is 0.35 more than it was in the preceding 2003 and 0.05% more than in the following year of 2005.
In 2004 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, % | -0.30 | 0.24 | 0.55 | 0.47 | 0.38 | 0.05 | -0.21 | 0.17 | 0.12 | 0.38 | -0.02 | 0.36 | 2.21 |
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), % | 1.71 | 1.54 | 1.54 | 1.85 | 2.29 | 2.28 | 2.21 | 2.20 | 1.96 | 2.20 | 2.15 | 2.21 | 2.21 |
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), % | -0.30 | -0.06 | 0.49 | 0.96 | 1.35 | 1.40 | 1.19 | 1.36 | 1.49 | 1.87 | 1.85 | 2.21 | 2.21 |
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