CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

November 2019: Annual inflation up to 1.0% in the euro area

The euro area annual inflation rate was 1.0% in November 2019, up from 0.7% in October.



A year earlier, the rate was 1.9%. European Union annual inflation was 1.3% in November 2019, up from 1.1% in October. A year earlier, the rate was 2.0%.


  • Lowest annual rates: Italy, Portugal (both 0.2%) and Belgium (0.4%).
  • Highest annual rates: Romania (3.8%), Hungary (3.4%), Slovakia (3.2%) and Czechia (3.0%).

Compared with October, annual inflation

  • fell in five Member States,
  • remained stable in two and
  • rose in twenty.


In November, the highest contribution to the annual euro area inflation rate came from services (+0.82 percentage points, pp), followed by food, alcohol & tobacco (+0.37 pp), non-energy industrial goods (+0.10 pp) and energy (-0.33 pp).


Further information:

Annual inflation November 2019

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Posted in General Market News, Market Trends & Statistics

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