European Union Inflation Rate in 2016
Inflation rate in the European Union was 1.16% in 2016. That is 0.99 more than it was in the preceding 2015 and 0.75% more 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:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | -1.17 | 0.14 | 0.96 | 0.07 | 0.32 | 0.16 | -0.42 | 0.08 | 0.30 | 0.25 | -0.03 | 0.51 | 1.16 |
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), % | 0.27 | -0.11 | -0.03 | -0.22 | -0.12 | 0.09 | 0.16 | 0.25 | 0.42 | 0.54 | 0.64 | 1.16 | 1.16 |
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), % | -1.17 | -1.03 | -0.08 | -0.01 | 0.31 | 0.47 | 0.05 | 0.13 | 0.43 | 0.68 | 0.65 | 1.16 | 1.16 |
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