Annual average inflation rates in the CEE region 2011-2024

Published by
Adriana Sas,
Jan 20, 2025

In 2024, Romania had the highest annual inflation rate among the Central and Eastern regions, reaching 5.8 percent. During this period, the average inflation rate for the EU countries was 2.6 percent.

Annual average inflation rate in Central and Eastern European countries from 2011 to 2024

CharacteristicEU27*Euro area**BulgariaCzechiaEstoniaCroatiaLatviaLithuaniaHungaryPolandRomaniaSloveniaSlovakia
2024 2.6% 2.4% 2.6% 2.7% 3.7% 4% 1.3% 0.9% 3.7% 3.7% 5.8% 2% 3.2%
2023 6.4% 5.4% 8.6% 12% 9.1% 8.4% 9.1% 8.7% 17% 10.9% 9.7% 7.2% 11%
2022 9.2% 8.4% 13% 14.8% 19.4% 10.7% 17.2% 18.9% 15.3% 13.2% 12% 9.3% 12.1%
2021 2.9% 2.6% 2.8% 3.3% 4.5% 2.7% 3.2% 4.6% 5.2% 5.2% 4.1% 2% 2.8%
2020 0.7% 0.3% 1.2% 3.3% -0.6% 0% 0.1% 1.1% 3.4% 3.7% 2.3% -0.3% 2%
2019 1.4% 1.2% 2.5% 2.6% 2.3% 0.8% 2.7% 2.2% 3.4% 2.1% 3.9% 1.7% 2.8%
2018 1.8% 1.8% 2.6% 2% 3.4% 1.6% 2.6% 2.5% 2.9% 1.2% 4.1% 1.9% 2.5%
2017 1.6% 1.5% 1.2% 2.4% 3.7% 1.3% 2.9% 3.7% 2.4% 1.6% 1.1% 1.6% 1.4%
2016 0.2% 0.2% -1.3% 0.6% 0.8% -0.6% 0.1% 0.7% 0.4% -0.2% -1.1% -0.2% -0.5%
2015 0.1% 0.2% -1.1% 0.3% 0.1% -0.3% 0.2% -0.7% 0.1% -0.7% -0.4% -0.8% -0.3%
2014 0.4% 0.4% -1.6% 0.4% 0.5% 0.2% 0.7% 0.2% 0% 0.1% 1.4% 0.4% -0.1%
2013 1.3% 1.4% 0.4% 1.4% 3.2% 2.3% 0% 1.2% 1.7% 0.8% 3.2% 1.9% 1.5%
2012 2.6% 2.5% 2.4% 3.5% 4.2% 3.4% 2.3% 3.2% 5.7% 3.7% 3.4% 2.8% 3.7%
Showing entries 1 to 13 (14 entries in total)
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-5%0%5%10%15%20%25%

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Release date

January 2025

Region

CEE

Survey time period

2011 to 2024

Supplementary notes

Annual change in total HICP
*EU28 from 2013 to 2020, EU27 from 2020
** Eruo area - 20 countries from 2023

Harmonised Indices of Consumer Prices (HICPs) are designed for international comparisons of consumer price inflation. HICP is used for example by the European Central Bank for monitoring of inflation in the Economic and Monetary Union and for the assessment of inflation convergence as required under Article 121 of the Treaty of Amsterdam.

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