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North America

Euro Area Inflation

November 2025 

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Last update:

The Harmonised Index of Consumer Prices in the Euro Area varied -0.27% in November 2025 and +2.16% over the last 12 months. The all items less food and energy index varied -0.43% compared to the previous month, and+2.39% over the last 12 months:

Data from Eurostat - Harmonised Indices of Consumer Prices
September 2025October 2025November 2025
all items - monthly+0.09%+0.21%-0.27%
all items less food and energy - monthly+0.10%+0.23%-0.43%
all items - annual+2.24%+2.10%+2.16%
all items less food and energy - annual+2.39%+2.37%+2.39%
all itemsall items excluding energy and unprocessed food
Percentage Annual VariationShaded area = recession
Data from Eurostat - Harmonised Indices of Consumer Prices
September 2025October 2025November 2025
alcoholic beverages and tobacco+3.06%+2.73%--
all items+2.24%+2.10%+2.16%
all items excluding energy+2.50%+2.40%+2.43%
all items excluding energy and seasonal food+2.49%+2.49%--
all items excluding energy and unprocessed food+2.39%+2.37%+2.39%
all items excluding energy food alcohol and tobacco+2.35%+2.37%+2.41%
all items excluding tobacco+2.18%+2.06%--
clothing and footwear+1.08%+0.62%--
communication-1.20%-0.56%--
education+3.67%+3.49%--
energy-0.37%-0.93%-0.52%
food+3.02%+2.50%+2.50%
food and non alcoholic beverages+3.01%+2.44%--
furnishings household equipment and maintenance+0.64%+0.51%--
health+2.34%+2.24%--
hotels cafes and restaurants+3.65%+3.65%--
housing water electricity gas and other fuels+1.74%+1.56%--
industrial goods+0.48%+0.23%--
miscellaneous goods and services+3.92%+3.80%--
non energy industrial goods+0.79%+0.62%+0.56%
recreation and culture+1.12%+1.29%--
total goods+1.38%+1.03%--
total services+3.24%+3.36%+3.46%
transport+1.65%+1.72%--
unprocessed food+4.67%+3.17%+3.32%

Uncovered Value