April 17, 2025
The euro area’s annual inflation rate was 2.2% in March 2025, down from 2.3% in February. A year ago, the rate was 2.4%. Annual inflation in the European Union fell to 2.5% in March 2025, from 2.7% in February. A year earlier, the rate was 2.6%.
France had the lowest yearly rate (0.9%), followed by Denmark (1.4%) and Luxembourg ( 1.5%). The highest annual rates were found in Romania (5.1%), Hungary (4.8%) and Poland (4.4%). Compared to February 2025, annual inflation declined in sixteen Member States, held stable in one, and increased in ten.
In March 2025, services contributed the most to the annual euro area inflation rate (+1.66 percentage points), followed by food, alcohol, and tobacco (+0.57 pp), non-energy industrial goods (+0.16 pp) and energy (-0.10 pp).
(Source: Eurostat)
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