European Union Inflation Rate in 2016
Inflation rate in the European Union was 1.14% in 2016. That is 0.96 more than it was in the preceding 2015 and 0.50% less than in the following year of 2017.
In 2016 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:
|Month to month, %||-1.19||0.15||0.96||0.20||0.35||0.17||-0.37||0.06||0.30||0.23||-0.22||0.51||1.14|
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
|Year over year (12 months), %||0.26||-0.09||-0.04||-0.23||-0.14||0.06||0.16||0.23||0.41||0.53||0.64||1.14||1.14|
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:
|Progressive (year to date), %||-1.19||-1.04||-0.09||0.11||0.46||0.63||0.26||0.32||0.62||0.85||0.63||1.14||1.14|
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