Statistics Insights: Inflation is an interactive publication produced by the European Central Bank and the national central banks of the Eurosystem. The publication aims to make it easier to understand, use and compare euro area and national statistics. It presents the statistics visually, catering for colour blindness, uses reader-friendly terms, is digitally reusable via the embed function and is available in 23 EU languages.
Information on data
The data are updated in real time and available from the Statistical Data Warehouse.
The inflation data are produced by Eurostat, together with the national statistical institutes, and are available here.
The data for the second chart in Section 3.1 and the charts in Section 3.2 are produced by the European Commission’s Directorate-General for Economic and Financial Affairs and are available here.
Disclaimer
Permission is hereby granted, free of charge, to any person obtaining a copy of the work and associated documentation files (the “Software”), to deal in the Software without restriction (with the exception of the personal inflation calculator that cannot be used for any commercial purpose, including distributing, sublicensing and/or selling copies of original or modified code), including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions.
The software is provided “as is”, without warranty of any kind.
In no event shall the authors or copyright holders be liable for any claim, damages or other liability, whether in an action of contract, tort or otherwise, arising from, out of or in connection with the Software or the use of or other dealings in the Software.
The Software is built upon and made available by Eurostat and Lietuvos bankas. See also the Eurostat Disclaimer and the Terms of use of Lietuvos bankas.
The ECB/Eurostat/Lietuvos bankas take no responsibility for any replication of the content of the Software, or any other form of redistribution.
Cover photo © monticello, Xsandra, guenterguni, Rost-9D, scanrail, SergeiKorolko/iStock
Chapter 2.2 photo “Antique refrigerator” © jgroup/iStock
Chapter 2.2 photo “Modern household refrigerator with control display” © Grassetto/iStock
The European System of Central Banks (ESCB) is committed to providing its statistics free of charge as a public good of high quality irrespective of any subsequent commercial or non-commercial use. All publicly available ESCB statistics may be reused free of charge on the condition that the source is quoted (e.g. “Source: euro area statistics”) and that the statistics (including metadata) are not modified.
Nationale Bank van België/Banque Nationale de Belgique
As we buy goods and services and observe their prices, we get a sense of how fast and how much these prices change. But quite often our perceptions do not match the official inflation figures. How can measured inflation remain low although prices for fresh vegetables are soaring and the media is reporting large increases in rents in big cities? The following sections try to explain inflation perceptions and why they differ from measured inflation.
Opinions about rising prices are as old as money itself. Today they are often documented in surveys, which report that people’s perceptions of inflation are frequently higher than measured inflation.
But why is this the case? Research has found the following possible answers to this question:
Use the visuals to see the inflation rates for different products in the HICP basket.
Click to enlarge and interact
Click to enlarge and interact