April 17, 2019EU AND EURO AREA CONSUMER PRICE INFLATION, MARCH 2019 In March, the year-over-year inflation rate was unchanged at 1.6 per cent in the European Union and down 0.1 percentage points to 1.4 per cent in the Euro Area.
Among member states, the fastest year-over-year inflation was reported in Romania and Hungary, while the lowest inflation was reported in Portugal and Greece.
March 2019 food price inflation moved lower up to 1.9 per cent (year-over-year) in the European Union and to 1.4 per cent in the Euro Area.
Energy inflation rose with the year-over-year inflation rate at 4.6 per cent in the European Union and 5.3 per cent in the Euro Area.
Excluding the impacts of volatile energy, food, alcohol and tobacco prices year-over-year inflation is more subdued in Europe - with declines in the year-over-year rate for the psat two months. In March 2019, the CPI excluding food, energy, alcohol and tobacco was 1.1 per cent for the European Union and 0.8 per cent for the Euro Area.
Note, Methodological changes was made to data starting in 2015, so the year-over-year inflation rates calculated between 2015 and 2014 are based on different methodologies for the HICP. For more information, please see Eurostat, Improved calculation of HICP special aggregates and German package holidays methodological change.
Source: Eurostat-News Release