Rate Of Inflation 2024 Europe

Rate Of Inflation 2024 Europe. Inflation has rebounded back above the bank of england ’s 2 per cent target, driving up the cost of living at an accelerated rate. January 2024's figures show, the annual inflation ranged from 0.9% to 7.3% in the eu.

Headline inflation has fallen faster and from a higher peak in the euro area than in the united states in annual percentage terms − from 10.6% in october 2022 to 2.6% in february 2024 in the euro area and from 9.1% in june 2022 to 3.2%. Oecd headline inflation broadly stable at 5.8% in march 2024 despite rising energy inflation.