Euro area annual inflation down to 2.3% in February 2025

March 25, 2025

The euro area’s annual inflation rate was 2.3% in February 2025, down from 2.5% in January. A year ago, the rate was 2.6%. Annual inflation in the European Union fell to 2.7% in February 2025, from 2.8% in January. A year earlier, the rate was 2.8%.

 

France had the lowest yearly rate (0.9%), followed by Ireland (1.4%) and Finland (1.5%). The highest annual rates were found in Hungary (5.7%), Romania (5.2%) and Estonia (5.1%). Compared to January 2025, annual inflation declined in fourteen Member States, held stable in six, and increased in seven.

 

In February 2025, services contributed the most to the annual euro area inflation rate (+1.66 percentage points), followed by food, alcohol, and tobacco (+0.52 pp), non-energy industrial goods (+0.14 pp) and energy (+0.01 pp). 

 

(Source: Eurostat)

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