Euro Area Inflation
July 2026
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Last update:The Harmonised Index of Consumer Prices in the Euro Area varied +0.19% in July 2026 and +2.92% over the last 12 months. The all items less food and energy index varied 0.00% compared to the previous month, and+2.20% over the last 12 months:
| May 2026 | June 2026 | July 2026 | |
| all items - monthly | +0.09% | -0.11% | +0.19% |
| all items less food and energy - monthly | +0.26% | +0.16% | 0.00% |
| all items - annual | +3.17% | +2.75% | +2.92% |
| all items less food and energy - annual | +2.31% | +2.12% | +2.20% |
all itemsall items excluding energy and unprocessed food
Percentage Annual VariationShaded area = recession
| May 2026 | June 2026 | July 2026 | |
| administered prices | +3.21% | +3.34% | -- |
| alcoholic beverages, tobacco and narcotics | +2.94% | +2.89% | -- |
| all items | +3.17% | +2.75% | +2.92% |
| all items excluding energy | +2.41% | +2.18% | +2.21% |
| all items excluding energy and unprocessed food | +2.31% | +2.12% | +2.20% |
| clothing and footwear | +1.03% | +0.61% | -- |
| education services | +3.80% | +3.79% | -- |
| energy | +10.83% | +8.53% | +9.99% |
| food and non alcoholic beverages | +1.62% | +1.18% | -- |
| furnishings, household equipment and routine household maintenance | +0.34% | +0.36% | -- |
| health | +2.63% | +2.50% | -- |
| housing water electricity gas and other fuels | +3.07% | +3.51% | -- |
| information and communication | +0.94% | +1.02% | -- |
| insurance and financial services | +3.90% | +2.95% | -- |
| personal care, social protection and miscellaneous goods and services | +3.06% | +3.06% | -- |
| recreation, sport and culture | +1.99% | +1.66% | -- |
| restaurants and accommodation services | +4.02% | +3.75% | -- |
| transport | +7.37% | +5.31% | -- |