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Euro area inflation falls to 2.3% in Feb 2025, EU at 2.7%: Eurostat

21 Mar '25

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Euro area inflation falls to 2.3% in Feb 2025, EU at 2.7%: Eurostat

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In February 2025, the euro area annual inflation rate decreased to 2.3 per cent from 2.5 per cent in January, while the EU's annual inflation rate declined to 2.7 per cent from 2.8 per cent.
France recorded the lowest annual inflation at 0.9 per cent, whereas Hungary had the highest at 5.7 per cent.
The largest contributor to the euro area inflation rate was the services sector, adding 1.66 pp points.

The euro area annual inflation rate was 2.3 per cent in February 2025, down from 2.5 per cent in January. A year earlier, the rate was 2.6 per cent. European Union (EU) annual inflation was 2.7 per cent in February 2025, down from 2.8 per cent in January, according to Eurostat, the statistical office of the European Union (EU).

A year earlier, the rate was 2.8 per cent for EU and 2.3 per cent for Euro Area.

The lowest annual rates were registered in France (0.9 per cent), Ireland (1.4 per cent) and Finland (1.5 per cent). The highest annual rates were recorded in Hungary (5.7 per cent), Romania (5.2 per cent) and Estonia (5.1 per cent). Compared with January 2025, annual inflation fell in fourteen member states, remained stable in six and rose in seven.

Contributions to the euro area annual inflation rate varied across key sectors. Non-energy industrial goods remained relatively stable, contributing 0.14 percentage points (pp) in February 2025. Services had the largest impact, though slightly declining from 1.73 pp in February 2024 to 1.66 pp in February 2025.

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