Catalina Espinosa
Research expert covering society, economy, and politics for Europe and the EU
Get in touch with us nowFollowing the easing of restrictions related to the coronavirus pandemic in 2022, inflation rates in many economic sectors in Europe spiked, with the food and non-alcoholic beverages and transport sectors being particularly affected. Additionally, Russia's invasion of Ukraine in February 2022 and the subsequent energy crisis caused a spike in the housing, water, electricity, gas, and other fuels sector, with the inflation rate in these products reaching 23.2 percent in October 2022. All economic sectors have experienced a significant disinflation during 2023, as higher interest rates set by the European Central Bank have begun to dampen economic activity and thereby slowing price increase.
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Overview
Selected Country Data
Inflation by sector
Inflation forecasts
Policy response to inflation
Public Opinion
* For commercial use only
Basic Account
Starter Account
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.