2024 Inflation Rate Forecast Europe. European union inflation rate for 2022 was 8.83%, a 6.28% increase from 2021. Romania came in with the highest rate 7.3% among the eu members, followed.

Services inflation is holding up progress on disinflation,. Inflation is defined as the year on year percentage change in the euro area all items harmonised index of consumer prices (hicp), as published by.